South Korea‘s Ambassador to Bulgaria Chun Bi-ho will attend Thursday the inauguration ceremony of two photovoltaic parks, “Samovodene” and “Zlataritsa“, located near the city of Veliko Tarnovo in central northern Bulgaria. The projects were implemented by the SDN Company and KOSEP, which is part of South Korea‘s national power company. The installations absorbed an investment [...]
March 8, 2012 | Posted in
Energy |
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Triggered by numerous queries, fuel distributor Lukoil Bulgaria has vowed to present a report with detailed information about the fluctuation of fuel prices over the past 5 years, the pricing principles and the factors influencing fuel prices on the local and international markets. According to a Tuesday statement of Lukoil Bulgaria‘s press office, the report [...]
February 21, 2012 | Posted in
Energy |
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Russian nuclear energy company Rosatom‘s price offer for Bulgarian Belene NPP is spectacularly low and Bulgaria should hasten to accept it, said Rosatom‘s vice-director Kirill Komarov. “Taking into account the raging economic crisis in Europe, we have made a very attractive proposal for Belene. It is hard to believe that we will ever make such [...]
December 6, 2011 | Posted in
Energy |
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Bulgaria will hold auctions for a total of six shale gas exploration blocks, said Kristalina Stoykova from the Geological Institute at the Bulgarian Academy of Sciences (BAS). Stoykova heads a scientific group in charge of shale gas research in Bulgaria. In her words, four of the blocks that will be auctioned off are located in [...]
July 11, 2011 | Posted in
Energy |
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A newly-discovered natural gas deposit near Lovech in Northern Bulgaria contains 10 billion cubic meters of gas, Bulgaria’s Minister of Economy, Energy, and Tourism announced. Traikov said that Bulgaria will soon be able to extract about 1 billion cubic meters of natural gas per year, or about one-third of its annual consumption. He spoke Tuesday [...]
July 7, 2011 | Posted in
Energy |
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Bulgaria has demanded that Belene nuclear project is frozen for another three months as of July, the energy and economy minister announced on Friday. “We have proposed a three-month delay so that we have time to catch up with the so-called back office work,” Minister Traicho Traikov said at a conference about the energy infrastructure, [...]
June 18, 2011 | Posted in
Energy |
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The Bulgarian government has signed a consulting contract with UK-based company HSBC for the financial analysis for the project for the construction of the Belene nuclear power plant. Bulgaria‘s Cabinet and Prime Minister Boyko Borisov in particular have made it clear that the results from HSBC’s financial appraisal of the Belene project, i.e. whether it [...]
April 15, 2011 | Posted in
Energy |
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