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.
Bulgaria's Economy, Energy and Tourism Minister, Traicho Traikov, wants Russia to provide economic profits for the country's energy projects participation. Photo by BGNES
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.
Fuel prices at wholesale bases, which supply both gas stations and agricultural producers, continue to rise steadily, prompting increased activity at fuel outlets across Bulgaria
OMV Petrom has announced that it will join the consortium exploring the offshore Khan Tervel gas block in the Bulgarian sector of the Black Sea, marking a significant expansion of its footprint in a region of growing strategic importance for Europe’s ener
Fuel prices in Bulgaria have continued to rise sharply over the past week, according to data from the Fuelo platform, as reported by BTA.
In Bulgaria, energy experts are calling for greater transparency in fuel pricing, focusing on the role of Lukoil Neftochim, which dominates the country’s oil market
Bulgargaz has submitted a proposal to raise the price of natural gas by 5.12% for April. Should the Energy and Water Regulatory Commission (EWRC) approve the request, the commodity would be sold at EUR 34.27 per megawatt-hour, excluding additional costs f
The Fiscal Council has assessed that a 25% surge in global oil prices would constitute a moderate external shock for Bulgaria, primarily impacting the economy through higher energy import costs, rising inflation, and a potential slowdown in external deman
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