FlixBus Expands Routes from Bulgaria: New Connections to Thessaloniki, Athens, and More
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
Bugaria's state-owned electricity utility company has transferred the entire sum of its debt to Russia's Atomstroyexport owned over the Belene nuclear project, officials say.
The National Electricity Company (NEK) has paid off the amount through a transaction dated Thursday, Energy Minister Temenuzhka Petkova has told lawmakers at a Parliament Q&A session.
Bulgaria has thus delivered on its commitment to doing away with the entire debt of over EUR 600 M by the deadline of December 15.
According to a recent deal with Atomstroyexport, its timely move cancels nearly EUR 30 M in interest (EUR 0.167 M daily) that it would have had to pay under the arbitration ruling from June 14.
The money is owed due to Bulgaria's decision to cancel the construction of Belene nuclear power plant (NPP) in which the Rosatom subsidiary was the main partner.
In return, Bulgaria will receive reactors and nuclear equipment produced for the project and will seek to use them and build the plant as a private project and with other partners.
Rosatom has meanwhile officially confirmed it received the money.
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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
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022