Expats

Bulgaria Has Resumed Export of Electric Power [Jan 28, 2012] Bulgaria has resumed exporting electric power at 1 am Saturday, January 28, on the order Economy and Energy Minister, Traicho Traikov. The resumed export has been made possible by the end of the effective strike of miners and workers at the largest State-owned coal mines "Maritsa Iztok." ... [via YahooNews] More >>

Bulgaria halts power exports due to strike [Jan 20, 2012] Bulgaria has suspended electricity exports to neighboring countries due to an ongoing strike in the country's biggest coal mines.Energy minister Traicho Traikov said that power exports to other Balkan ... [via YahooNews] More >>

Bulgaria bans San Ramon-based Chevron from using 'fracking' [Jan 17, 2012] Bowing to public pressure, Bulgaria's government said U.S. oil company Chevron cannot explore for shale gas in the country using the extraction technique known as "fracking." Energy Minister Traicho Traikov said that under Tuesday's decision "Chevron can still have the right to test for oil and gas, but without using the controversial technology of hydraulic fracturing." He said San Ramon-based ... [via YahooNews] More >>

Bulgaria bans Chevron from using 'fracking' [Jan 17, 2012] Bowing to public pressure, Bulgaria's government says U.S. oil company Chevron cannot explore for shale gas in the country using the extraction technique known as "fracking."Energy Minister Traicho ... [via YahooNews] More >>

Bulgaria says Chevron cannot use 'fracking' [Jan 17, 2012] Bowing to public pressure, Bulgaria's government says U.S. oil company Chevron cannot explore for shale gas there using an environmentally risky technique known as "fracking."Energy Minister ... [via YahooNews] More >>

Bulgaria Energy Min Blames Partners for Oil Pipeline Demise [Dec 07, 2011] Greece and Russia's failure to fulfill their commitments has forced Bulgaria to walk out of the Burgas to Alexandroupolis pipeline deal, the country's energy minister has said. "Bulgaria's partners in the pipeline deal accused it of delaying the project quite a long time. But now it turns out it is not Bulgaria, but the other countries, which are faulty and this is the reason why we decided to ... [via YahooNews] More >>

Bulgaria Seals Gas Delivery Deal with Turkey [Nov 19, 2011] Bulgaria and Turkey will sign a political agreement to build a gas pipeline connection between the two countries for emergency gas deliveries from Turkey to Bulgaria. During the Black Sea Energy and Economy Forum in Istanbul, Bulgaria's Economy and Energy Minister, Traicho Traikov, and Turkish Energy and Natural Resources Minister, Taner Y?ld?z, have successfully negotiated plans for the ... [via YahooNews] More >>

Bulgaria Sues Russia in Geneva over Belene Project [Oct 06, 2011] Bulgaria's state-run power grid operator has tabled a lawsuit in Geneva against Russia's state nuclear company Atomstroyexport over delayed payments on the planned Belene nuclear plant, the energy minister said on Thursday. The news was broken by Minister Traicho Traikov in an interview for the Bulgarian National TV channel, while representatives of the Bulgarian company declined comment. At the ... [via YahooNews] More >>

Bulgaria Sues Russia over Belene Nuclear Project [Oct 06, 2011] Bulgaria's state-run power grid operator has tabled a lawsuit against Russia's state nuclear company Atomstroyexport over delayed payments on the planned Belene nuclear plant, the energy minister said on Thursday. The news was broken by Minister Traicho Traikov in an interview for the Bulgarian National TV channel, while representatives of the Bulgarian company declined comment. It was not ... [via YahooNews] More >>

Bulgaria Expects Russia to Give up Court Battle over N-Plant [Jul 31, 2011] Bulgaria's government expects Russia's state nuclear company to withdraw its EUR 58 M claim at an arbitration court over delayed payments for its work on two nuclear reactors, the energy minister has said. "I think they realized that it makes no sense to fill the pockets lawyers for getting legal services and that the best thing they can do for the project is to withdraw their claim," Economy ... [via YahooNews] More >>

Bulgaria Unblocks 2 T of Jet Fuel Reserve over Lukoil Crisis [Jul 30, 2011] The Bulgarian cabinet released overnight Saturday 1 800 tons of jet fuel from the State reserve, Economy and Energy Minister, Traicho Traikov announced. The decision, signed by the Council of Ministers during the night, will secure jet fuel for the upcoming week. The fuel is destined to the airports of the Black Sea cities of Varna and Burgas where the summer tourist season is in its peack.... [via YahooNews] More >>

Bulgaria to Unblock Aircraft Fuel Reserve over Lukoil Crisis [Jul 29, 2011] Bulgaria's government is about to tap into the state reserve of aircraft fuel to prevent shortages after revoking the licence of Russian oil giant Lukoil local refinery, the only in the country. "The move has to be taken because the country's airports will run out of stocks in a few days," Economy and Energy Minister Traicho Traikov told journalists on Friday afternoon. A governmental decision ... [via YahooNews] More >>

Bulgaria Sets Up Crisis HQs over Lukoil Revoked Licence [Jul 29, 2011] Crisis headquarters will monitor the situation on Bulgaria's fuel market after the local refinery of Russian oil giant Lukoil was forced to halt operations for at least a month and a half, the prime minister announced. Bulgaria's Economy and Energy Minister Traicho Traikov will head the headquarters, Boyko Borisov told journalists. It will also include Transport Minister Ivaylo Moskovski, head ... [via YahooNews] More >>

Bulgaria Govt Steers Clear of Russia's Lawsuit over Belene [Jul 26, 2011] Bulgaria's government will not meddle with attempts to settle the troubled ties between the state utility NEK and Russia's state nuclear company, the economy minister has said. "The National Electricity Transmission Company (NEK) will respond to the claim by Atomstroyexport to the best of its interests," Economy and Energy Minister Traicho Traikov told reporters on Tuesday. Minister Traikov ... [via YahooNews] More >>

Bulgaria, Russia Agree on Nuclear Project Delay [Jun 30, 2011] Bulgaria and Russia have agreed to extend the negotiations over Belene nuclear project by another three months as of July. "This will be envisaged in the 13th annex to the main contract between Bulgaria and Russia on the construction of two 1,000 megawatt nuclear reactors at Belene," Economy and Energy Minister Traicho Traikov told Dnevnik daily. "The texts in this annex are similar to that of ... [via YahooNews] More >>

Chevron lands shale gas deal in Bulgaria [Jun 16, 2011] SOFIA, Bulgaria, June 16 (UPI) -- U.S. supermajor Chevron landed a 5-year contract to explore the shale gas potential in northeastern Bulgaria, the energy minister said. [via YahooNews] More >>

Bulgaria Plans to Start Exporting Electricity to Turkey in July [Jun 09, 2011] Bulgaria and Turkey have agreed to speed up the construction of a gas grid interconnection between the two countries, Bulgarian Energy Minister Traicho Traikov said Thursday after a meeting with Turkish counterpart Taner Yildiz. The two ministers met in Kayseri, Turkey, where they took part in the signing of the Project Support Agreements (PSAs) between NABUCCO Gas Pipeline International GmbH ... [via YahooNews] More >>

Bulgaria Watchdog Sees 'No Sign' of Fuel Cartel [Jun 07, 2011] Bulgaria's competition authority, the Commission on Protection of Competition (KZK), has found no direct evidence of a cartel agreement on the fuel market in the country. KZK was forced to conduct a fast-track cartel probe in the sector after high fuel prices in Bulgaria sparked several protest rallies and a heated exchange of accusations and arguments between Energy Minister Traicho Traikov and ... [via YahooNews] More >>

Chevron to explore shale gas deposits in Bulgaria [May 28, 2011] Chevron, the number two US oil company, has won a tender to explore shale gas deposits in northeastern Bulgaria, Economy and Energy Minister Traicho Traikov said Saturday. [via YahooNews] More >>

Bulgaria, Russia Still in Discord on Nuclear Project Price [May 26, 2011] Bulgaria and Russia are not getting closer in reaching an agreement on the price of the project to build a second Nuclear Power Plant, NPP, in the Danube town of Belene. The announcement was made by Bulgaria's Economy and Energy Minister, Traicho Traikov, after a meeting in Brussels with his Russian counterpart, Sergey Schmatko, with the CEO of Russian energy giant Gazprom, Alexei Miller, and ... [via YahooNews] More >>