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Up to now, Bulgaria has been a key country in the realization of the South Stream pipeline that must deliver Russian gas to Europe. Photo by wordpress.com
The former Bulgarian Economy Minister, Petar Dimitrov, believes the country is heading to an energy war with Russia.
According to Dimitrov, one of the signs for the energy war is the dismissal of the Russian trade representative in Bulgaria. The move came in the aftermath of statements of Bulgaria’s Prime Minister, Boyko Borisov, that Bulgaria is pulling out of the Burgas-Alexandroupolis oil line and is freezing the project to build a second nuclear power plant in the Danube town of Belene.
In Dimitrov’s words, the Russian urges on Bulgaria to hurry with South Stream decision are absolutely reasonable.
Bulgaria has to speed up the process of coordination and making corporative decisions on the pipeline, according to a source from the Russian delegation to a meeting on Friday between president Dmitry Medvedev and heads of energy companies involved in South and Nord Stream, as quoted by RIA Novosti.
“There is a lot of competition and they will be very pleased if Bulgaria pulls out of the South Stream project. Russia will get over our decision, and I hope we will too,” Dimitrov said.
The United States has granted Bulgaria a significant exemption from its sanctions on Lukoil
Britain has introduced a temporary exemption that permits continued business with two Bulgarian subsidiaries of the sanctioned Russian oil group Lukoil
Lukoil has announced that all of its gas stations across Bulgaria are operating as usual and will continue to do so without interruption
Martin Vladimirov, director of the Geoeconomics Program at the Center for the Study of Democracy, said in an interview with the Bulgarian National Radio that the most beneficial outcome for Bulgaria would be for a strategic Western investor to acquire Luk
Energy Minister Zhecho Stankov has reassured Bulgarian citizens that the country’s fuel reserves are sufficient to cover domestic needs for several months
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