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.
Rosatom CEO Kiriyenko, Russian Energy Minister Shmatko and Bulgaria's Traikov (L to R) in Sofia Friday. Photo by BGNES
Russian Energy Minister, Sergei Shmatko, has revealed that Russia and Bulgaria have agreed to start the construction of the Belene nuclear power plant in Spring 2010.
Shmatko, cited by Russian news agency ITAR-TASS, also said that Bulgaria would be presenting a model of financing its share of the Burgas-Alexandroupolis after the current environmental impact assessment.
On Friday it was revealed that Russia is going to grant Bulgaria a loan for the construction of the Belene NPP, after Bulgaria’s Minister of Economy, Energy, and Tourism, Traicho Traikov, met with Shmatko and the CEO of the Russian state company Rosatom in Sofia over the Bulgarian request for a EUR 2 B loan from Rosatom for the construction of the Plant.
Earlier, on Wednesday, the Bulgarian government confirmed its position that it cannot make a final decision on whether the country would go ahead with the Russian sponsored Burgas-Alexandroupolis oil pipeline until there is an environmental assessment ready.
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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