Bulgaria, Russia Start Talks for New Gas Supply Contract
Bulgaria and Russia are starting negotiations for a new long-term gas supplies agreement at the beginning of 2010.
Bulgaria and Russia are starting negotiations for a new long-term gas supplies agreement at the beginning of 2010.
Bulgaria Minister of Economy, Energy and Tourism, Traicho Traykov, is making an unexpected visit to Moscow to meet with his counterpart Sergei Shmatko, the ministry press office has announced on Wednesday.
The Bulgarian Energy Holding (BEH) has announced that the tender for a consultant to help it decide how to proceed and attract new investors for the planned Belene nuclear power plant will be invited at the end of January.
Spanish company "Electra Holding" has unveiled plans for investing about EUR 650 M in renewable energy in Bulgaria by 2012.
Edinburgh-based oil explorer Melrose Resources is on track to produce 40,000 barrels of oil a day next year as it brings two new Bulgarian gas projects on stream, the Scotsman reported.
The intention of the Bulgarian government to impose a temporary moratorium on the new renewable energy projects might lose Bulgaria EUR 1 B of foreign investments over the next 5 years.
Bulgaria's government decided Wednesday to table the international agreement on the construction of the Nabucco gas transit pipeline to Parliament for ratification.
Romania has declared its readiness to replace Bulgaria in the Russian-sponsored gas transit pipeline South Stream.
The Bulgaria Greens Party has called for immediate suspension of the Russian-sponsored Burgas-Alexandroupolis oil pipeline.
Japan's Toshiba Corp. has reportedly voiced its interest in the building of a seventh unit at Bulgaria's Kozloduy nuclear power plant, the closure of which was one of the conditions for the country's EU accession.
The Russian Energy Ministry has stated that Bulgaria is interested in all of the planned Russian-Bulgarian energy projects, in a press release Saturday.
Bulgaria supports increasing twofold the capacity of the planned Russian-sponsored gas transit pipeline "South Stream".
Russia is ready to invest in the joint-stock company for the creation of Bulgaria's second nuclear power plant at Belene.
The assessment of the environmental impact of the planned Burgas-Alexandroupolis oil pipeline will be the key factor for deciding whether to go ahead with the project.
Bulgaria Minister of Economy, Energy and Tourism, Traicho Traikov, and the Minister of Energy of the Russian Federation, Sergey Shmatko, have jointly signed the Protocol of the 13th Intergovernmental Bulgarian-Russian Commission
The Russian delegation is reported to have changed its sentiments from skeptical to optimistic regarding Bulgaria-Russia major energy projects after talks in Sofia
Bulgarian businesses have voiced concerns about the recent suggestion by Ecology Minister Nona Karadzhova to impose a six-month moratorium on some renewable energy projects.
One of Bulgaria's most popular monasteries, the Rila Monastery, is going to construct a small hydro power plant in order to get a new reliable electricity supply.
Russia has officially voiced its interest in the building of a seventh unit at Bulgaria's Kozloduy nuclear power plant, the closure of which was one of the conditions for the country's EU accession.
Russia's state nuclear company Rosatom has announced willingness to finance the multi-billion nuclear project in the Bulgarian Danube town of Belene, which has stalled over lack of funding.
Tough talks are ahead as the thirteenth meeting of the Bulgarian-Russian Commission on Economic, Scientific and Technical Cooperation starts its discussions on Thursday.
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022