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CEZ holds out for a better price in the sale of Bulgarian assets

Czech utility CEZ plans to sell its Bulgarian assets, for which 5 bidders were shortlisted. The company should settle on a transaction by the end of the year, or in case it cannot obtain the right price, it might scrap it, as told by a board member to Reuters. The names of the bidders were not disclosed, but it is said that the firms had experience in the Balkans, as announced by Tomas Pleskac.

read more... 28/09/2017

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Russia is ready to provide gas to Greece and Bulgaria

The Russian energy minister Alexander Novak said that Russia is ready to provide gas from the TurkStream pipeline to both Greece and Bulgaria if needed.

read more... 21/08/2017

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Bulgarian regulator will open tender for support in Kozloduy decommissioning

Bulgaria’s Nuclear Regulatory Agency (BNRA) intents to use €3 million from the funds provided by the European Bank for Reconstruction and Development for the decommissioning of the units 1-4 of the Kozloduy nuclear power plant.

read more... 05/07/2017

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Gazprom’s clients to be able to renegotiate natural gas prices

Gazprom has promised to allow its clients to renegotiate gas prices if they do not correspond to the Western Europe market average rates. The statement was made by Ricardo Cardoso in an interview for the Bulgarian National Radio.

read more... 20/03/2017

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Construction of gas interconnector between Greece and Bulgaria to start in early 2018

The construction of the gas pipeline link between Bulgaria and Greece (IGB) is expected to start in the beginning of 2018, interim Bulgarian energy minister Nikolay Pavlov said during a visit to Azerbaijan.

read more... 23/02/2017

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