South Stream Bulgaria 'Keeps Spending Millions' Despite Project's Demise
- Tweet
Send to Kindle
File photo, BGNES
The project company for abandoned South Stream spends BGN 4.5 M (EUR 2.25 M) every year even though the Russia dropped the project in 2014, a lawmaker said.
Citing an inquiry to the Energy Ministry, Nastimir Ananiev, an MP representing junior coalition partner Reformist Bloc, argued on Facebook the expenditure was "staggering" for a project company that used budget funding but had no activity whatsoever.
South Stream Bulgaria, co-owned by the Bulgarian Energy Holding (BEH) and Gazprom, maintains it has not received an official notice for the end of South Stream even though the Russian energy giant declared the project terminated earlier this year.
Ananiev added an employee of South Stream Bulgaria earns BGN 4750 monthly on average, with the nationwide average salary being considerably lower, and total expenses over a month are to the tune of BGN 0.4 M.
As many as 27 staff are employed by the company.
- » 45 Years since Kozloduy NPP Was Put into Operation
- » 55 Nuclear Reactors Are under Construction in the World
- » Gazprom Expects a Reduction in Gas Exports to Europe
- » Democratic Bulgaria Coalition Expects EU Commission to Prevent Construction of Belene NPP
- » Bulgaria's HPP Chaira Extends Unplanned Outage of Unit
- » Energy Minister: 13 Applications Submitted for Participation in Belene NPP Project
