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29.06.2016 17:58
Bulgaria Reaffirms Interest in Energy Projects with Russia, by EU Rules
Bulgarian PM is expecting to see support from the EC and the EU on dealing with the cancelled Belene NPP project

  • © Press Office of the Bulgarian Council of Ministers

Bulgaria is still ready to work on large energy projects in partnership with Russia, as long as EU rules are observed, Bulgarian PM Boyko Borisov said today during a press conference following his meeting with European Council President Donald Tusk. Borisov stressed that Bulgaria has been a loyal member-state and will be relying on solidarity from the EU.

“We have always stated, that Bulgaria can work on large-scale energy projects in partnership with Russia, but following the European rules. You have witnessed the experience of previous [Bulgarian] governments that have been heavily sanctioned. We cannot allow having an [infringement] procedure for [gas] pipelines and compressor stations. I would like to see solidarity from the European Commission and the European Union, given what Bulgaria has done so far as a loyal member”, Borisov said.

The Bulgarian PM alluded that financial support should come from the EU for Bulgaria, following the tribunal judging on the cancelled Belene NPP project, which calls for Sofia to pay EUR 550 m to Russia’s Atomstroyexport for the nuclear reactors produced for the planned power plant.

“Would they pay the money and allow us to build or sell reactors? Would they allow us to build South Stream as a private project? Would Greece and Turkey, as part of the Turkish Stream be scrutinized the same way Bulgaria has been, in order not to bypass Ukraine?”, Borisov asked rhetorically, vowing to produce a written statement in order to “stop speculations”.

TAGS: Bulgaria | EU | energy | Belene | nuclear energy | Russia | Atomstroyexport | South Stream | tribunal 

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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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