Czech-owned power utility CEZ says it needs approval from the state for larger-scale investments in order to keep up with the growing number of requests for including new renewable energy plants into the power distribution network.
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Energy | November 18, 2010, Thursday // 18:43
| Viewed: 2234
Bulgaria's government is considering yet another scenario how to restructure the energy holding, which groups the country's top energy assets, a member of the ruling party has announced.
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Energy | November 18, 2010, Thursday // 17:22
| Viewed: 2085
Several days after the future of the South Stream gas transit pipeline emerged more certain as Bulgaria and Russia signed a respective deal, Slovenia's President Danilo Turk hailed the progress of the project in Moscow.
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Energy | November 18, 2010, Thursday // 11:18
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Russia has requested the maximum possible price for the Belene NPP project in Saturday's negotiations, revealed Bulgarian Minister of Economy and Energy Traicho Traikov Tuesday.
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Energy | November 16, 2010, Tuesday // 16:04
| Viewed: 2012
Bulgaria will ask the European Commission for a derogation, so that a substantial part of the South Stream pipe be used only by shareholders, confirmed energy minister Traicho Traikov Tuesday.
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Energy | November 16, 2010, Tuesday // 15:51
| Viewed: 2042
The Bulgarian Energy Holding has picked HSBC, one of UK's biggest banks, for a consultant to help it decide how to proceed and attract new investors for the planned Belene nuclear power plant, the energy minister said.
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Energy | November 16, 2010, Tuesday // 14:24
| Viewed: 7118
Bulgaria's prime minister has reiterated his determination to abandon the Burgas-Alexandroupolis oil pipeline project over fears that it is unprofitable and environmentally unfriendly.
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Energy | November 16, 2010, Tuesday // 12:55
| Viewed: 2400
Bulgaria is to amend its original 2008 South Stream gas transit pipeline deal with Russia in accordance with what is described as "advice" from the European Commission.
The Bulgarian government will not accept a final price of EUR 7 B for the Belene Nuclear Power Plant project, Bulgarian Economy andEnergy Minister Traicho Traikov, stated.
In case Bulgaria faces problems with the financing of its section of the South Stream gas line, Russia can secure an advance amount, without having the right to obtain shares and assets.
Russia made a step towards the realization of the South Stream gas line Saturday, but actual construction will not start for years, the Moscow daily "Nezavisimaya Gazeta" writes Monday.
Talks on gas prices between Bulgaria's "Bulgargaz" and the Russian energy giant "Gazprom" are happening as early as this week, according to the CEO of the Bulgarian Energy Holding (BEH), Maya Hristova.
Bulgarian PM Boyko Borisov has stated that his country will be buying Russian gas at lower prices, just a day after talks with Russian PM Vladimir Putin appeared to end at stalemate on that matter.
"South Stream Makes Major Step in Europe" - this is the headline of Russian daily Vesti commenting on Russian PM Vladimir Putin's Saturday visit to Sofia.
The South Stream gas transit pipeline might be launched four months ahead of schedule thanks to the progress achieved with Bulgaria, Gazprom CEO Alexei Miller declared in Sofia Saturday.
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Energy | November 13, 2010, Saturday // 20:07
| Viewed: 1683
Bulgaria's future second nuclear power plant Belene will take less than 20 years to return the money invested in its construction, Sergey Kiriyenko, CEO of the Russian state nuclear energy corporation Rosatom, declared in Sofia.
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Energy | November 13, 2010, Saturday // 19:23
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Bulgaria can no longer be replaced by Romania as the European hub of the Russian-sponsored South Stream gas transit pipeline, Gazprom CEO Alexei Miller stated in Sofia.
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Energy | November 13, 2010, Saturday // 18:55
| Viewed: 5487
Bulgaria and Russia are making progress on the talks for the price of the construction of the Belene Nuclear Power Plant, their Prime Ministers, Borisov and Putin, clearly optimistic about the project, said in Sofia Saturday.
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Energy | November 13, 2010, Saturday // 18:33
| Viewed: 2804
Bulgaria and Russia have signed an intergovernmental agreement for the construction of the Bulgarian section of the South Stream gas transit pipeline in the presence of their Prime Ministers, Boyko Borisov and Vladimir Putin, in Sofia.
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Energy | November 13, 2010, Saturday // 17:52
| Viewed: 3309
The offer of the Russian energy giant to reduce the natural gas price for Bulgaria will mean that Bulgaria will be saving a total of about USD 58-60 M per year, according to a Russian analyst.
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Energy | November 13, 2010, Saturday // 15:52
| Viewed: 2053
The Bulgarian Prime Minister Boyko Borisov should not capitulate under Russian pressure, the Bulgarian rightist party DSB (Democrats for Strong Bulgaria) stated in a special declaration.
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Energy | November 13, 2010, Saturday // 15:49
| Viewed: 2129
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