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Commenting article: US Ambassador Questions Feasibility of Belene Nuclear Plant

US Ambassador James Warlick has expressed misgivings about the feasibility of Bulgaria's planned second nuclear plant at Belene.

"There are two questions that Bulgaria must ask itself – if the Belene NPP is an economically feasible project, and, second, if it provides Bulgaria and the entire region with energy security. I am not sure that there are answers to these questions. We are talking about billions of leva here, and the decisions that will be made with respect to Belene will affect Bulgaria's energy system for decades to come," Warlick said on the Bulgarian National Radio Sunday.

His questioning of Belene came at about the same time as Parliament Chair Tsacheva said Bulgaria was in an advanced stages of talks with Russia and had secured a German investor for the future NPP.

Highlander - 24 Oct 2010 // 21:23:19

The Ambassador's questions are timely and justified, but he is new in Bulgaria and is not used to Bulgarian reality.
The Bulgarian Government does not intend to invest a cent in Belene, but hopes that naive/strategic investors combined with Russian ambitions will secure the financial issue.
Chair Tsecheva's statements are with the fairies and out of order. No Germen investor group has come forward and declared closing of agreement. There is not even a letter of intent, so the honorable Chair is again cooking "good news" out of nothing. Well, she is in line with Mr. Borisov to give Bulgarians want they want, even if it is fairy tales and hope for miracles.
Belene Nuclear Plant is not feasible at all - ref. EU's preconditions for Bulgaria's EU membership by decommission of Russian built nuclear power plants.
And yes, Bulgaria should focus on EU energy projects such as Nabucco, but will try to ride two horses at the same time and ignore agreed energy cooperation with EU. It remains to see EU's reactions, but hopefully EU will find a way to exclude Bulgaria from Nabucco.

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