5 Companies Confirmed their Offers for Belene NPP
All 5 companies from the shortlist of approved strategic investors for Belene NPP have confirmed their offers.
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Bulgaria's Economy, Energy and Tourism Minister, Traicho Traikov, wants Russia to provide economic profits for the country's energy projects participation. Photo by BGNES
The Bulgarian State is going to demand from Moscow economic profits in order to confirm its commitment for joint energy projects.
The declaration was made Tuesday by Bulgaria's Economy, Energy and Tourism Minister, Traicho Traikov.
Bulgaria is also going to further insist that the country's participation in the Russian projects is in compliance with the European Union plans for boasting the security of supplies.
The new cabinet initiated a review and new analysis of the plans to built a second Nuclear Power Plant (NPP) in the Danube town of Belene, of Bulgaria's participation in the "South Stream" gas line and and the "Burgas-Alexandroupulis" oil line. They also stated their desire to drive Bulgaria closer to the EU not to Russia, as the former government did.
Bulgaria’s fuel market has recorded a sharp upward shift since the outbreak of the war in Iran, with diesel and petrol prices rising significantly across the country
The second exploration drilling in the Krum-1 area of the Khan Asparuh block in Bulgaria’s Black Sea has also failed to identify commercially significant natural gas deposits, according to OMV Petrom
The Ombudswoman institution has voiced strong opposition to the proposed increase in heating prices in Sofia, which is expected to approach nearly 30 percent
The Energy and Water Regulatory Commission (EWRC) in Bulgaria has set the price of natural gas for April 2026 at 34.27 euros per megawatt-hour, excluding access, transmission, excise duties and VAT
Fuel prices in Bulgaria have recorded a sharp upward movement over the past month, with diesel showing the most significant increase, according to data from the Fuelo platform
Bulgargaz has defended its previously submitted proposal for a 5% rise in natural gas prices for April before the Energy and Water Regulatory Commission, with CEO Veselin Sinabov stressing that there is currently no justification for any further increases
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