Latest Articles about Bulgaria
Bulgaria Quits Belene Nuclear Power Plant, Open Doors to South Stream
Bulgaria scrapped plans to build its second 2,000-megawatt Belene nuclear power plant (Belene NPP) on the Danube River (Trud, Capital, Dnevnik, BNT, March 28). The Belene NPP is the second Bulgarian-Russian energy project that Sofia quit in the last four months. In December 2011, Sofia... MORE
Romanian-Bulgarian Maritime Dispute Can Affect Exxon’s, South Stream, Nabucco Projects
On March 22 and 25, Romania’s Foreign Affairs Minister, Cristian Diaconescu, announced on television that a “legal dispute” (“litigium”) exists between Romania and Bulgaria over the delimitation of their maritime border, continental shelf, and exclusive economic zones in the Black Sea. The dispute affects, in... MORE
Clinton Discusses Energy Independence in Bulgaria
Bulgaria’s energy security and independence were the key topics discussed by US Secretary of State Hillary Clinton with the Bulgarian government during her short visit to Sofia on February 5. She urged the Bulgarian government to break dependence on Russia by diversifying its energy supplies.... MORE
Bulgarian Government Withdraws Chevron’s Shale Gas Permit
The Bulgarian Parliament has indefinitely suspended shale gas exploration and extraction in the country under public pressure from environmentalist groups. The moratorium will affect shale gas and oil exploration on the entire territory of Bulgaria and along its Black Sea shore (Bulgarian National Television, January... MORE
Bulgaria Terminates a Russian-led Energy Project, Discovers Natural Gas and Prospective Shale Gas Deposits
The Bulgarian government quit a Russian-led pipeline project after a thorough review of key Russian energy projects in the country. Bulgaria is heavily dependent on Russian energy supplies and suffered hardship when Moscow cut Europe-bounded gas supplies to Ukraine in January 2009. Sofia has been... MORE
LUKoil Under Pressure In Bulgaria
Russia’s energy interests in Bulgaria have been under scrutiny since the center-right government of Boyko Borissov took office in July 2009. At the beginning of his mandate, Borisov pledged to review all pending Russian energy contracts signed by the previous Socialist government. Two years later,... MORE
European Commission Urges Corrections to Bulgarian-Russian South Stream Agreement
The European Commission is calling for changes to the Bulgarian-Russian inter-governmental agreement on the South Stream gas project. The project agreements, just signed for the Bulgarian section of this Gazprom-led project (EDM, November 16) are also generating serious complications in and for Bulgaria.On November 15... MORE
South Stream Project Facing Intractable Problems After Bulgaria’s Signature
Russian Prime Minister, Vladimir Putin, and Gazprom CEO, Aleksei Miller, have collected Bulgaria’s signature on the South Stream project on November 13 (“Bulgaria Rejoins Gazprom’s South Stream Project,” EDM, November 16).The signing marks the latest move in a rapid expansion of Kremlin-controlled energy companies into... MORE
Bulgaria Rejoins Gazprom’s South Stream Project
On November 13 in Sofia, Russian Prime Minister, Vladimir Putin, and his Bulgarian counterpart, Boyko Borissov, witnessed the signing of Bulgaria’s accession to Gazprom’s South Stream project (Interfax, BTA, Novinite, November 13, 14; Dnevnik, 24 Chasa, November 14, 15; Kommersant, Vedomosti, November 15, 16).Bulgaria holds... MORE
Gazprom Negotiates with Romania to Pressure Bulgaria on South Stream
On October 13 in Bucharest, Gazprom CEO Aleksei Miller held talks with Prime Minister Emil Boc, Economics Minister Ion Ariton, and other officials, on Romania’s possible participation in Gazprom projects. Adriean Videanu, economics minister until six weeks ago and (unusually in Romania) an active proponent... MORE