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
Bulgaria to Pay EUR 0.55 B to Russian Co over Abandoned Nuclear Project
- Tweet
Send to Kindle
File photo, BGNES
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.
Related Articles:
Borissov Loses Patience: Political Bargaining Over Key Positions and Budget 2025
"Everyone wants positions – in regulatory bodies and ministries," he emphasized.
Zelensky: Bulgarian Reactors Will Strengthen Ukraine’s Energy Sector Amid War
Ukraine's parliament, the Verkhovna Rada, has passed a law allowing the purchase of two Russian-made nuclear reactors originally intended for Bulgaria's Belene Nuclear Power Plant
Bulgaria's Belene NPP Reactors Set for Ukraine’s Khmelnytskyi Nuclear Plant
Ukraine's parliament has given the green light for the acquisition of two nuclear reactors initially intended for Bulgaria's Belene Nuclear Power Plant (NPP)
Ukraine Approves Purchase of Belene NPP Reactors from Bulgaria
The Ukrainian parliament has approved the purchase of two Russian nuclear reactors that were originally intended for the Belene Nuclear Power Plant (NPP) in Bulgaria
Bulgaria: "Revival" Party Halts Ukrainian Delegation Visit to Belene NPP
During the election campaign, members and candidate MPs of the pro-Russian political party "Revival" obstructed and physically prevented specialists from the Ukrainian nuclear power plant operator "Energoatom"
Politics | May 14, 2024, Tuesday // 11:43
Bulgaria Partners with American Citibank to Finance Kozloduy Nuclear Expansion
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
Bulgarian Energy Sector Poised for Growth as Eurozone Entry Spurs Major Funding Boost
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
Gas Deal Disaster: How Bulgaria Ended Up Paying Millions for Unused Turkish Transit
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
Bulgaria Investigates Botas Gas Deal: Former Minister’s Home Searched
Authorities have launched a wide-ranging investigation into the controversial gas transmission agreement between Bulgaria’s state-owned Bulgargaz and the Turkish company Botas
EU Green Push Could Drive Up Fuel Prices by 50 Stotinki per Liter, Industry Warns
The European Commission is preparing a new phase of green legislation that could significantly impact fuel prices across the EU
It’s Official: Power and Heating Prices Go Up in Bulgaria - But Not As Much As Planned
As of July 1, a new pricing period begins for household electricity, heating, and hot water in Bulgaria
