Send to KindleBulgarian vice-PM and Minister of Finance Simeon Djankov and Minister of Economy and Energy Traicho Traikov discussed joint energy projects with Russia with Russian Energy Minister Sergei Shmatko Tuesday.
Djankov, Traikov and Bulgarian Minister of Transport Ivaylo Moskovski are on a 3-day visit to the Russian capital Monday-Wednesday, right after the Sunday visit of US Secretary of State Hillary Clinton to Bulgaria.
Shmatko, together with Djankov and Traikov discussed the extension of units 5 and 6 of the Bulgarian Kozloduy NPP, the project for a second Belene NPP, as well as developments on the South Stream natural gas pipeline.
The Russian Minister of Energy has stated the full commitment of his country to building South Stream, irrespective of Russia's relations with the Ukraine.
The Sofia visit of US Secretary of State Hillary Clinton included an important energy component, with Clinton saying she will send US Eurasian Energy Envoy Richard Morningstar to Sofia over the week.
Clinton called for energy diversification in Bulgaria, which media interpreted as implying a freeing from Russian dependency.
More than 90% of Bulgaria's natural gas consumption is provided by Gazprom, and the country relies on Russia for nuclear energy supplies too.
US company Chevron has expressed strong interests in drilling for shale gas in Bulgaria, but in mid-January the Bulgarian Parliament imposed a moratorum on the technique over environmental concerns.
Another American comany, Westinghouse, has expressed interest in constructing additional units at the Kozloduy NPP.
Over the week, Gazprom CEO Alexei Miller is also expected to pay a visit to Bulgaria.
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United Nations resolution aimed at halting the arms race in space, proposed by the United States and Japan, failed to pass the UN Security Council due to Russia's veto, Reuters and DPA reported
Barbara Leaf, the US Assistant Secretary of State for Middle East Affairs, criticized the Yemeni Houthis for their inhumane actions in capturing merchant ships, including the "Galaxy Leader"
Poland has announced its readiness to assist Ukraine in its conflict against Russia by facilitating the return of Ukrainian men of conscription age
In a significant development, the Russian army has seized control of the pivotal village of Ocheretyne in the Donetsk region of Ukraine, a strategic location crucial for Ukrainian defense efforts
A damning report from the US State Department has unveiled a troubling reality of systematic racial and ethnic violence and discrimination against Bulgarians in the Republic of North Macedonia
The US Senate has overwhelmingly approved a substantial aid package totaling 95 billion USD, aimed at supporting key American allies, including Ukraine, Israel, and Taiwan.
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
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