Trump Warns Iran as Massive US Fleet Heads to the Gulf
US President Donald Trump has issued a stern warning to Iran, saying the country is under close surveillance and a "massive fleet" is being deployed to the Gulf region
Iran is ready to invest in the construction of an oil refinery in Port Varna on the Bulgarian Black Sea coast, Iranian Ambassador to Bulgaria Golamreza Bageri Mogadam told Novinite.com (Sofia News Agency) and Novinite.bg in an interview.
During a visit in Bulgaria's Varna in the fall of 2011 Iran's diplomat said his country wanted to build an oil refinery there.
"As far as Iran is concerned there is no problem for realizing this project – whether from the point of view of science, technology, capital, or management. Iran has the needed capabilities. Keeping in mind the historic friendship between our nations, we are ready, in the framework of our mutual interests, to set this project on the table," His Excellency declared stressing that the Bulgarian authorities should decide on how to utilize Iran's offer.
"Now it is up to the Bulgarian authorities to use this capacity. If the Bulgarian statesmen demonstrate a desire, we are ready to discuss with them this cooperation," he added.
Mogadam also stated that Iran could be ready to throw its weight behind the Nabucco gas transit pipeline project as a natural gas supplier if the European Union reconsiders its policies towards Iran.
Bulgaria has officially secured a 10 per cent stake in a consortium engaged in oil and gas exploration in the Black Sea, becoming a direct investor in the development of the country’s offshore energy resources.
Bulgargaz has submitted a proposal to the Energy and Water Regulatory Commission (EWRC) for a nearly 4 percent increase in natural gas prices starting February.
Energy Minister Zhecho Stankov has firmly rejected claims by former Finance Minister Asen Vassilev from "We Continue the Change" that Bulgaria’s inflation is driven by high household electricity prices
The U.S. Department of State, the University of National and World Economy (UNWE), and Bulgarian Energy Holding (BEH) yesterday concluded two seminars on stakeholder engagement and industrial applications of small modular reactors (SMRs)
Washington has prolonged the validity of a US license allowing negotiations for the sale of foreign assets owned by the Russian oil major Lukoil, extending it until February 28
Bulgaria is set to take an active role in oil and gas exploration in the Black Sea, joining forces with international energy companies OMV and NewMed, outgoing Energy Minister Zhecho Stankov announced
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