"Bulgaria still depends on Russia for a number of parts and equipment for its nuclear power plant. We need them for the forthcoming planned repairs and maintenance", caretaker Minister of Energy Rosen Hristov said for the BNR with regard to the cabinet’s decision to approve a derogation of the EU sanctions against Russia enabling the Kozloduy NPP to purchase spare parts, materials and services.
"We are looking for alternative suppliers who can provide Bulgaria with such equipment and spare parts in the long term. We are working with all countries with such nuclear reactors. The key issue is to ensure Bulgaria's energy security and the operation of the Kozloduy NPP", Minister Hristov said. Rosen Hristov noted that this is not a one-off derogation and that such a derogation will be necessary in the future, because there are no substitutes for more than 40 components supplied by Russia.
The procedure for renewable electricity storage projects under the National Recovery and Resilience Plan is now open and proposals are being accepted. There is a lot of money, the deadlines are short and the conditions applicants have to meet are not..
The European Bank for Reconstruction and Development (EBRD) has slightly lowered its growth forecasts for the regions in which it invests. Bulgaria's economy will grow by 2.9 per cent in 2025, 0.1 per cent less than initially forecast in May...
The largest net positive flows of direct investments in the country for January - July 2024 are from the Netherlands (269.5 million euros), Austria (225 million euros) and Greece (160.5 million euros), BNB data show. According to them, the..
In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable..
T he LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The..
The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The..
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