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Bulgartransgaz opens tender for Vertical Gas Corridor expansion

Bulgarian state-owned gas transmission operator Bulgartransgaz said on Wednesday that it has decided to launch a tender for expanding infrastructure as part of an initiative to build a gas corridor linking Greece and northern Europe.

read more... 21/03/2024

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Bulgaria and France sign nuclear agreement

The two countries will collaborate across all areas in the field of nuclear energy as Bulgaria seeks to accelerate construction of the new units at the Kozloduy nuclear power plant.

read more... 26/02/2024

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New reactors at Bulgarian NPP to cost up to $14 bln in total

Bulgaria's energy minister Rumen Radev said on Monday that he expects the two planned reactors at the country's Kozloduy nuclear power plant (NPP) using Westinghouse Electric's AP1000 technology to cost up to $14 billion (13 billion euro) in total.

read more... 13/02/2024

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Bulgarian government doubts it will collect gas taxes from Putin

The government has decided to withdraw the estimated revenue of €1.2 billion from the new tax on the transfer of Russian gas from the state budget 2024 because the ruling majority doubts that the money can be obtained, Finance Minister Asen Vasilev said on Sunday.

read more... 21/11/2023

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Bulgaria has ‘carte blanche’ on using Russian gas tax cash

Bulgaria can decide how it will be using the revenues it makes from the €10/MWh tax on Russian gas imports transiting through Bulgarian territory, the European Commission confirmed on Monday.

read more... 31/10/2023

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