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 >>

Bulgaria Paid Its Dues, Free to Quit BA Pipe - Russian Media [Mar 12, 2012] Bulgaria has paid all outstanding dues for its part in the Burgas-Alexandroupolis oil pipeline project and is free to quit it, Russian media reported on Monday, citing the finance minister in Sofia. Bulgaria's contribution to the project totaled EUR 1.421 M in 2008 and was paid in that year.... [via YahooNews] More >>

Bulgaria Paid Off Debt on Bourgas-Alexandroupolis Oil Pipeline [Mar 09, 2012] Bulgaria has settled its debt on the project for the construction of the Burgas-Alexandroupolis oil pipeline and is now legally entitled to withdraw , according to Finance Minister Simeon Djankov. Speaking in Parliament on Friday, he specified that Bulgaria had paid back its dues of BGN 6.7 M on the project in February 2012, as required by the shareholders agreement signed in 2008. ... [via YahooNews] More >>

Bulgaria to Pay Debt on Burgas-Alexandroupolis in 2012 [Feb 01, 2012] Bulgaria plans to pay its debt on the Burgas-Alexandroupolis oil pipeline in 2012, said Plamen Grozdanov, Bulgarian Ambassador to Moscow. In an interview for Russian news agency Interfax, he explained that the Bulgarian government had agreed to allocate BGN 12.8 M for the payment of its financial obligations as a participant in the oil pipeline project. ... [via YahooNews] More >>

Bulgaria won't pay Moscow for oil pipeline [Dec 28, 2011] SOFIA, Bulgaria, Dec. 28 (UPI) -- Bulgaria won't give Russian a single penny as reimbursement for backing away from the Burgas-Alexandroupolis oil pipeline, the Bulgarian prime minister said. [via YahooNews] More >>

Bulgaria refuses to pay Russia for pipeline project [Dec 27, 2011] Bulgaria has no intentions of reimbursing Russia for the Burgas-Alexandroupolis oil pipeline project, Bulgarian news agency BGNES quoted Bulgarian Prime Minister Boiko Borisov as saying. [via YahooNews] More >>

Bulgaria PM: Not a Lev for Russia over Scrapped BA Pipe [Dec 27, 2011] Bulgaria has ruled out paying damages for terminating its participation in the Burgas-Alexandroupolis oil pipeline project, which dealt a killer blow to the Bosporus bypass link. "I deeply respect Mr Shmatko and want to wish him Merry Christmas and Happy New Year. But Russia will not pocket not even one lev from us for Burgas-Alexandroupolis project," Prime Minister Boyko Borisov said on Tuesday ... [via YahooNews] More >>

Bulgaria Thinks Failed Oil Pipeline Won't Hurt Gas Talks with Russia [Dec 25, 2011] Bulgaria's "killing" of the Burgas-Alexandroupolis oil pipeline, a joint project with Russia and Greece, will not affect the current Bulgarian-Russian natural gas supplies talks, according to Economy Minister Traicho Traikov. Traikov commented on the Bulgarian-Russian negotiations for new gas supply contracts as of 2012 between Bulgargaz and Gazprom on Sunday, a couple of weeks after the ... [via YahooNews] More >>

Bulgaria Officially Tells Russia BA Pipeline Is Over [Dec 15, 2011] Russia's Ministry of Foreign Affairs has received an official statement from Bulgaria confirming the Balkan country's decision to abandon the Burgas-Alexandroupolis oil pipeline. "The situation is being discussed by the competent Russian authorities and the corporate participants in the project," the Russian RBK Daily informs. A final decision will be made after all concerned parties have shared ... [via YahooNews] More >>

Bulgaria to quit pipeline project [Dec 07, 2011] Bulgaria has decided to withdraw its participation in the Burgas-Alexandroupolis oil pipeline project, the country?s finance minister Simeon Djankov was quoted as saying on Wednesday, formally terminating a project 15 years in the making. [via YahooNews] More >>

Bulgaria to walk away from oil pipeline [Dec 07, 2011] SOFIA, Bulgaria, Dec. 7 (UPI) -- There's little chance that Bulgaria will be a party to the planned Burgas-Alexandroupolis oil pipeline project, a Bulgarian finance official said. [via YahooNews] More >>

Bulgaria Abandons Burgas-Alexandroupolis Oil Pipeline [Dec 07, 2011] Bulgaria will terminate its participation in the Burgas-Alexandroupolis oil pipeline project, said Deputy Prime Minister and Finance Minister Simeon Djankov after Wednesday's Cabinet session. The decision has been approved by the Cabinet. Bulgaria will seek a termination of the trilateral intergovernmental agreement by mutual consent and if the request is rejected, it will pull out of the oil ... [via YahooNews] More >>

Bulgaria Launches Bid to Quit Burgas-Alexandroupolis Oil Pipeline - Report [Dec 07, 2011] Deputy Prime Minister and Finance Minister Simeon Djankov will reportedly submit a project envisaging Bulgaria's withdrawal from the Burgas-Alexandroupolis oil pipeline project on Wednesday. According to reports of the BGNES news agency, the proposal will be put up for discussion at Wednesday's session of the Council of Ministers. Bulgaria will try to terminate its participation in the ... [via YahooNews] More >>

Bulgaria Gives Long-Awaited Green Light to Burgas-Alexandroupolis Pipeline [Nov 04, 2011] Bulgaria's Environment Ministry has issued a positive ruling on the paperwork submitted to it by "Trans-Balkan Pipeline" for the Environmental Impact Assessment (EIA) of the Burgas-Alexandroupolis oil pipeline project. The decision of the Bulgarian eco ministry does not mean a final approval and a go-ahead of the construction of the project but it allows the evaluation process to go ahead at ... [via YahooNews] More >>

Countdown on BA Oil Pipeline's Fate Starts in Bulgaria [Oct 03, 2011] Bulgaria's Environment Ministry is expected to decide the fate of the troubled Burgas-Alexandroupolis oil pipeline project within 30 days, as the project company TBP has submitted its environmental impact assessment. Trans-Balkan Pipeline BV, a Bulgarian-Greek-Russian government consortium, submitted the revised and supplemented ESIA (environmental and social impact assessement) report to the ... [via YahooNews] More >>

Russia 'Insulted' by Bulgaria's Treatment over BA Oil Pipeline [Jul 01, 2011] Russian oil pipeline operator Transneft will soon consider if it is still expedient to attempt further cooperation with Bulgaria on the trans-Balkan Burgas-Alexandroupolis oil pipeline project, Transneft President Nikolai Tokarev said on Friday. Tokarev's statement comes after a week ago the Bulgarian government delayed further the controversial project for the Burgas-Alexandroupolis oil ... [via YahooNews] More >>

Bulgaria fails to pay debt to Transneft under Burgas-Alexandroupolis project [Mar 21, 2011] MOSCOW, March 21 (Itar-Tass) -- Bulgaria has failed to pay its debt to Russia?s Transneft under the Burgas-Alexandroupolis project, the company?s Vice President Mikhail Barkov said. [via YahooNews] More >>

Burgas-Alexandroupolis Pipeline to 'Hibernate' as Bulgaria Balks at Paying [Mar 21, 2011] Bulgaria has failed once again to pay its dues to the joint venture for the construction of the Burgas-Alexandroupolis oil pipeline, according to Transneft Vice President Mikhail Barkov. On February 17, 2011, a joint general meeting of the Shareholders and the Supervisory Board of Trans-Balkan Pipeline B.V.... [via YahooNews] More >>

Bulgaria Expected to Pay All BA Oil Pipeline Dues by March 20 [Feb 18, 2011] The Bulgarian government has been given March 20 as a deadline to settle all of its dues for the Burgas-Alexandroupolis oil pipeline, a long-delayed Bulgarian-Greek-Russian project. A joint general meeting of the Shareholders and the Supervisory Board of Trans-Balkan Pipeline B.V.... [via YahooNews] More >>

Burgas-Alexandroupolis pipeline in danger? [Feb 18, 2011] SOFIA, Bulgaria, Feb. 17 (UPI) -- The Bulgarian government has no confirmation that Russia is backing away from the planned Burgas-Alexandroupolis oil pipeline, a finance official said. [via YahooNews] More >>