Bulgaria Halts Sale of Nuclear Reactors to Ukraine Over Energy Security Concerns
The two nuclear reactors from Bulgaria's Belene Nuclear Power Plant will not be sold to Ukraine
An arbitration suit in Paris has ended with Bulgaria being forced to pay EUR 550 M to Russia's Atomstroyexport, Bulgarian Prime Minister Boyko Borisov has said.
He has told reporters that his "biggest fears" are gone after the ruling. The sum is nearly fifty percent of the one demanded by Atomstroyexport after a previous government, also led by Borisov, announced it was ditching the Belene Nuclear Plant project.
The country will now have to provide the money to purchase the equipment Atomstroyexport had produced for the plant.
Bulgaria has reached a strategic financing agreement with the American Citibank for the construction of Units 7 and 8 at the Kozloduy Nuclear Power Plant
Energy Minister Zhecho Stankov shared encouraging news for Bulgaria’s energy sector, highlighting that financial institutions are prepared to provide funding eight times greater than what is required for the construction
Energy Minister Zhecho Stankov has firmly criticized the 2022 agreement between state-owned Bulgargaz and Turkish company Botas, arguing that there was no objective reason to enter into such a deal
Authorities have launched a wide-ranging investigation into the controversial gas transmission agreement between Bulgaria’s state-owned Bulgargaz and the Turkish company Botas
The European Commission is preparing a new phase of green legislation that could significantly impact fuel prices across the EU
As of July 1, a new pricing period begins for household electricity, heating, and hot water in Bulgaria
Operation Rising Lion: Why and How Israel Attacked Iran
EU Population Grows by Over a Million, While Bulgaria Continues to Shrink