"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 Council of Ministers has approved a Memorandum of Understanding between the Government of Bulgaria and Smart Solar Technologies AD to implement a priority investment project for a "Solar Panel and Cell Manufacturing Plant." This project will be..
For the first half of 2024, the fast loans reached over 3 billion euros, according to the Bulgarian National Bank (BNB) . In comparison, at the end of June 2023, the granted quick loans totalled 2.5 billion euros. According to the..
Natural gas prices are expected to decrease by around 2% in September, according to a forecast by Bulgargaz. This is clear from the request submitted to the Energy and Water Regulatory Commission (EWRC). The company informs that next month, 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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