News

From Bulgaria
13.06.2014 11:30

Bulgarian PM: South Stream Is Suspended Due to EU Critics

The European Commission has requested that all work on South Stream be stopped until it is cleared out whether the project actually breaches any European regulations, which led Bulgaria’s Prime Minister Plamen Oresharski to order the Bulgarian
13.06.2014 10:38

Gazprom: Work on South Stream Pipeline in Bulgaria Continues As Planned

Russia has not received any notifications from Bulgaria on the South Stream suspension and project implementations continues, Gazprom CEO Alexei Miller said, as reported as state radio The Voice of Russia. “Russia is implementing the South
12.06.2014 15:24

Bulgarian Energy Regulator Chief in Alleged Conflict of Interest

The Commission for Prevention and Ascertainment of Conflict of Interest (CPAC) has been alerted about an alleged breach committed by the chairman of the State Energy and Water Regulatory Commission (SEWRC), Bulgarian newspaper Sega wrote. A copy
11.06.2014 15:48

Bulgaria Gives Go-Ahead of EUR 22 M Gas and Condensate Production Concession

The Bulgarian government announced it granted Oil and Gas Exploration and Production Plc. (OGEP Plc.) a 35-year concession contract for natural gas and condensate from the Iskar-West oil field. The concession period is 35 years and OGEP Plc. Is expected
10.06.2014 11:33

Bulgarian Regulator Proposed Distance-Based Gas Transport Tariffs

The Bulgarian State Energy and Water Regulatory Commission (SEWRC) published on Tuesday a draft price methodology for access and gas transportation via the network of the state operator Bulgartransgaz EAD. According to the draft paper the tariffs
09.06.2014 15:06

Bulgaria Suspends Work on South Stream Until EU Requirements Are Met

Work on the South Stream gas pipeline project will be suspended until all requirements of the European Commission are met and the way the project will be implemented is clear, Bulgarian PM Plamen Oresharski said on Sunday following his meeting with
03.06.2014 09:29

EC to Launch Infringement Procedure Against Bulgaria over South Stream Pipeline

The European Commission initiated an infringement procedure against Bulgaria in connection with the selection of the investor Bulgarian section of the South Stream pipeline, Bulgarian media reported on Monday, quoting Chantal Hughes, spokesperson
31.05.2014 14:15

Bulgarian RES Producers Condemn Production Restrictions Mulled by Regulator

A drastic cut of renewable energy production of up to 50% proposed by the energy regulator combined with a 20 percent fee on the sales income of PV and wind energy producers introduced in January, will imminently lead a lot of companies in the sector
30.05.2014 13:01

Bulgarian Regulator Asks for Re-Negotiation of PPAs with AES and ContourGlobal Power Stations

Bulgaria’s State Energy and Water Regulatory Commission (SEWRC) announced it will prompt the state-owned National Electricity Company (NEC) to start re-negotiating the Power Purchase Agreements (PPAs) with AES-3C Maritsa East 1 and ContourGlobal
27.05.2014 17:54

Stroitransgaz Consortium to Build South Stream Gas Pipeline in Bulgaria

A consortium of Russia’s Stroitransgaz and five Bulgarian companies united under the name “Gasproekt Yug” will build the Bulgarian part of South Stream gas pipeline. The Bulgarian companies under “Gasproekt Yug” are
27.05.2014 14:25

Bulgarian State Railways to Sell Assets under Debts Pressure

Some collateral assets of the Bulgarian State Railways (Holding BDZ) will be sold as the company has not yet reached an agreement with its creditors over its second bond, the company announced on Monday. Some of the financing institutions such as
26.05.2014 16:47

Kozloduy NPP Completes Planned Annual Overhaul of Unit 5

Bulgaria’s Kozloduy nuclear power station announced on Sunday it successfully completed the annual planned overhaul of one of its two operational reactors. Unit 5 – one of the two 1000-megawatt operational units at Bulgaria’s sole
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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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