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 to Fork Out BGN 2 M after Quitting BA Pipe [Mar 28, 2012] Bulgaria will issue another 18 000 shares to cover expenses of Burgas-Alexandroupolis oil pipeline, the government decided on Wednesday without providing details. The shares will be worth BGN 1.8 M to be used for covering costs before Bulgaria can conclusively withdraw from the project, the government said in a statement. ... [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 >>

Transneft weighs options for Caspian JV oil routes [Dec 14, 2011] * Bulgaria opted to go out from trans-Balkan project * Samsun-Ceyhan oil pipeline deemed too expensive MOSCOW, Dec 13 (Reuters) - Russian oil pipelinemonopoly Transneft is looking for new routes to shipoil ... [via YahooNews] More >>

Bulgaria exits Trans-Balkan pipeline [Dec 09, 2011] SOFIA, Bulgaria, Dec. 9 (UPI) -- Bulgaria said this week it is following through on threats to pull out of a long-planned oil pipeline from the Black Sea to Greece, citing finances. [via YahooNews] More >>

Bulgaria drops out of pipeline project [Dec 08, 2011] SOFIA, Bulgaria, Dec. 7 (UPI) -- Bulgaria is dropping out of a Trans-Balkan oil pipeline project that was to reach from the Black Sea to the Aegean Sea, the country's finance minister said. [via YahooNews] More >>

Bulgaria Pulls Out of Pipeline [Dec 07, 2011] Bulgaria backed out of a 2007 agreement with Russia and Greece to build an oil pipeline bypassing Turkey's crowded Bosporus and Dardanelles straits after saying it won't work. [via YahooNews] More >>

Bulgaria Pulls Out of Pipeline [Dec 07, 2011] Bulgaria backed out of a 2007 agreement with Russia and Greece to build an oil pipeline bypassing Turkey's crowded Bosporus and Dardanelles straits after saying it won't work. [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 decides to drop Trans-Balkan oil pipeline project [Dec 07, 2011] The Bulgarian government has decided to give up the Russia-led Trans-Balkan oil pipeline project, Bulgarian Finance Minister Simeon Djankov said on Wednesday. [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 >>