5 Companies Confirmed their Offers for Belene NPP
All 5 companies from the shortlist of approved strategic investors for Belene NPP have confirmed their offers.
The Bulgarian State is going to demand from Moscow economic profits in order to confirm its commitment for joint energy projects.
The declaration was made Tuesday by Bulgaria's Economy, Energy and Tourism Minister, Traicho Traikov.
Bulgaria is also going to further insist that the country's participation in the Russian projects is in compliance with the European Union plans for boasting the security of supplies.
The new cabinet initiated a review and new analysis of the plans to built a second Nuclear Power Plant (NPP) in the Danube town of Belene, of Bulgaria's participation in the "South Stream" gas line and and the "Burgas-Alexandroupulis" oil line. They also stated their desire to drive Bulgaria closer to the EU not to Russia, as the former government did.
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
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