Expats

Gazprom Is Still Calculating Discount for Bulgaria - Russian Media [May 18, 2012] Bulgaria managed to negotiate special terms for the supply of Russian gas regardless of its abrupt withdrawal from the Burgas-Alexandroupolis oil pipeline and the Belene NPP energy projects, Russian media outlets note. Gazprom is expected to offer Bulgaria a discount of 11.1% on gas prices in 2012 and may also eliminate intermediary companies from the supply chain in exchange for the country's ... [via YahooNews] More >>

Nuclear Hopes Fade with the End of Bulgaria's Belene [Apr 18, 2012] from Al Jazeera by Julian Popov Bulgaria has finally abandoned the building of a second 2GW nuclear power plant by the town of Belene on the banks of the River Danube.... [via YahooNews] More >>

Bulgaria Seeks Friendly Outcome on Nuclear Plant and Gas [Apr 01, 2012] SOFIA, Bulgaria ? Bulgaria hopes to dissuade Russian nuclear power plant builder Atomstroyexport from taking legal action after Sofia dropped plans for a power station at Belene that the company had been contracted to build, the economy minister said. [via YahooNews] More >>

Bulgaria Officially Tells Russia It Scrapped Belene NPP [Mar 29, 2012] Bulgaria has sent a note to Russia asking it to launch negotiations on the cancellation of the two countries' Belene nuclear power plant project that was to be built in Bulgaria, according to a report. On Thursday, Russian Deputy PM Igor Sechin is expected to meet with representatives of the Russian Energy Ministry and state-owned company Rosatom in order to form Russia's official stance on the ... [via YahooNews] More >>

Bulgaria to Face Penalties Exceeding USD 58 M over Belene NPP Suspension [Mar 29, 2012] Bulgaria faces penalties amounting to way over USD 58 M over the cancellation of the Belene NPP project, Russian media warn. Citing sources from Russia's state-owned nuclear corporation Rosatom, Moscow-based business daily Vedomosti reports that this is the cost of the already carried out preparatory works on the site near the northern Bulgarian town of Belene. The newspaper reminds that Rosatom ... [via YahooNews] More >>

Bulgaria Abandons Belene Nuclear Plant [Mar 28, 2012] Bulgaria has abandoned plans to build a nuclear power plant with a Russian reactor at Belene, which Sofia and Moscow agreed on in 2008, the country?s Deputy Finance Minister Vladislav Goranov said on Wednesday. [via YahooNews] More >>

Bulgaria abandons the Belene nuclear plant project [Mar 28, 2012] Sofia (dpa) - Bulgaria has definitively abandoned plans to complete a second nuclear power plant, a high-ranking official said Wednesday after a government meeting.Instead of establishing a nuclear plant at the town of Belene on the Danube, Bulgaria will construct a gas-powered thermal plant, deputy finance minister Vladislav Goranov told reporters.The Belene plant project hit a wall when its ... [via YahooNews] More >>

Bulgaria Rightist to PM: Congratulations for Scrapping Belene! [Mar 28, 2012] Rightist leader Martin Dimitrov has praised the decision of the center-right GERB government to quit the Belene NPP project. "If this is the decision and we are indeed withdrawing from the Belene NPP project, it is the right way to go. I congratulate the Prime Minister, although he wasted money on the project for two years and a half," the leader of the Union of Democratic Forces (UDF) and Co ... [via YahooNews] More >>

Bulgaria Socialists Slam Quitting Belene N-Plant [Mar 28, 2012] Bulgaria's former energy minister, part of the previous Socialist-led coalition, has blasted the decision of the current center-right government to abandon plans for a second nuclear power plant in Belene. Bulgaria?s government announced on Wednesday it has abandoned plans to build a new, 2000 megawatt nuclear power plant on the Danube River for which it has contracted Russian state firm ... [via YahooNews] More >>

Bulgaria Quits Belene Nuclear Power Plant Project [Mar 28, 2012] Bulgaria's Belene Nuclear Power Plant will not be constructed, the country's Deputy Finance Minister Vladislav Goranov announced on on Wednesday. A natural gas power plant will be built in the Danube town of Belene instead, Goranov told reporters after Wednesday's Council of Ministers sitting. The nuclear reactor already assembled by Rosatom subsidiary Atomstroyexport and originally meant for ... [via YahooNews] More >>

PM Borisov: Putin Will Learn Bulgaria's Position on Belene NPP Monday [Mar 25, 2012] Bulgarian PM Boyko Borisov will have a phone call Monday with Russian counterpart Vladimir Putin to finalize the fate of long-delayed joint energy project Belene NPP. This was revealed by Borisov during an interview with Bulgarian TV channel TV7 Sunday. The Bulgarian PM said that he is set to talk with Putin at 10.... [via YahooNews] More >>

Bulgaria Hasn?t Told Russia It Quits Belene NPP [Mar 19, 2012] Bulgaria's government has not informed Russia's state-owned Rosatom that it wants to quit the two countries' Belene nuclear power plant project. No project exists for Bulgaria to place the reactor originally meant for Belene in its Kozloduy NPP instead, the Russian Kommersant daily has also revealed. The daily has pointed out that Bulgarian Prime Minister Boyko Borisov has voiced several ... [via YahooNews] More >>

US Envoy Believes Bulgaria Scrapped Belene NPP [Mar 19, 2012] Bulgaria's Prime Minister Boyko Borisov has already declared that the Belene nuclear power plant will not be constructed, US Ambassador James Warlick pointed out Monday. Citing a Borisov interview from Friday, Warlick reminded that Finance Minister Simeon Djankov and former Economy and Energy Minister Traicho Traikov were sent to Moscow to declare that Bulgaria is quitting Belene and may place ... [via YahooNews] More >>

Bulgaria May Hold Referendum on Belene NPP, Shale Gas [Mar 16, 2012] Bulgaria's Prime Minister Boyko Borisov has revealed that a referendum may determine the future of the country's Belene nuclear power plant project, as well as the potential shale gas exploration. "I'll ask President Rosen Plevneliev to initiate a referendum on Belene and on shale gas," he told the Bulgarian National Television. Borisov's revelation came as he explained why he fired Economy and ... [via YahooNews] More >>

Bulgaria Moves to Sue Russia as Belene NPP Ultimatum Expires [Aug 18, 2011] Russian state company Atomstroyexport has failed to comply with the ultimatum issued by Bulgaria's National Electric Company NEK, with the latter now moving to suit the former over unsettled equipment claims for the Belene NPP project. The new development comes in spite of the fact that last week Bulgaria and Russia started negotiations on their claims for one another over delayed payments for ... [via YahooNews] More >>

Bulgaria to Strike Back at Russia with Lawsuit over Belene NPP [Jul 22, 2011] Bulgaria's Ministry of Economy, Energy, and Tourism has made it clear that it is going to strike back at Russia's Atomstroyexport, a Rosatom subsidiary, with a counter lawsuit over the construction of the Belene nuclear power plant. Earlier on Friday Atomstroyexport, the company chosen to build the second Bulgarian NPP, the 2000-MW plant in Belene, formally confirmed Thursday night's reports in ... [via YahooNews] More >>

Kozloduy NPP Tiptoes around Bulgaria-Russia Belene Project Talks [Apr 23, 2011] The management of Bulgaria's only operational Kozloduy NPP has denied being involved in any way in the ongoing Bulgarian-Russian talks for the construction a second nuclear plant in Belene. What is more, senior Bulgarian officials made it clear Friday that Bulgaria must be very careful in the talks with Russia on the Belene project because if Bulgaria backs out of it, then Russia can block the ... [via YahooNews] More >>

Rosatom to Claim EUR 1 B from Bulgaria over Missed Deadline [Apr 20, 2011] Bulgaria faces being taken to arbitration by the Russian contractor for the nuclear plant project in Belene as it is likely to miss the June 1 deadline for signing a final agreement. Bulgaria has committed to sign until June 1 an engineering, procurement and construction (EPC) contract for building a nuclear power plant at Belene, Russian media reported, citing representatives of state-owned ... [via YahooNews] More >>

Bulgaria Decides Fate of Embattled Utilities Head [Apr 14, 2011] Bulgaria's energy holding, which groups the country's top energy assets, is expected to decide on Thursday the fate of the National Electric Company head following objections to a deal he signed with Russian partners for the nuclear power plant project in Belene. Bulgaria's main electricity utility and Russia's state-owned Rosatom Corp. have been in talks over the past week on extending an ... [via YahooNews] More >>

Bulgaria Ministers Make Up, Tie Up N-Plant with Output Price [Apr 10, 2011] Bulgaria's government will make up its mind about the future of its second nuclear power plant project in Belene, depending on how profitable the export price of its output will be, the government said on Sunday. The statement, voiced by Prime Minister Boyko Borisov at the opening of the first round of the World Motocross Championship in the town of Sevlievo, was surprisingly shared by both ... [via YahooNews] More >>