Putin Declares Easter Ceasefire in Ukraine War
The Kremlin has announced that Russian President Vladimir Putin has ordered an “Easter ceasefire” in the war in Ukraine, declaring a temporary halt in hostilities lasting around 36 hours
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Head of Russia`s nuclear corporation Rosatom, Sergey Kiriyenko. Photo by EPA/BGNES
Russian state-owned company Rosatom has once again declared it is eager to construct Bulgaria’s second nuclear power plant.
“A court trial has been launched, our lawyers are currently working on it. But we are not interested in suing each other, we are interested in building the nuclear power plant,” Rosatom head Sergey Kiriyenko told ITAR-TASS, as cited by Bulgarian media.
Kiriyenko referred to the Belene project which was abandoned by the previous Bulgarian center-right GERB government back in 2012.
Bulgaria’s new Socialist-led government, which is believed to have stronger ties with Moscow, initially hinted that it may relaunch the project when it took over at the end of May.
However, Economy and Energy Minister Dragomir Stoynev later backtracked, saying the country could not afford to build Belene.
On June 7, Russia's Atomstroyexport submitted documents for its claim against Bulgaria's National Electricity Company, NEK, for the abandoned project.
After it was first started in the 1980s, the construction of Bulgaria's second nuclear power plant at Belene on the Danube was stopped in the early 1990s over lack of money and environmental protests.
The Belene NPP has been de facto frozen since the fall of 2009 when the previously selected strategic investor, the German company RWE, which was supposed to provide EUR 2 B in exchange for a 49% stake, pulled out.
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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Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began