Belene project attracts five expressions of interest

20/08/2019 08:21 Nuclear

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Five companies have expressed interest in Bulgaria’s invitation for strategic investment in the construction of Belene nuclear power plant on the Danube River near the Romanian border. According to national newspaper 24 Chasa, China National Nuclear Corporation, Framatome, General Electric, Korea Hydro and Nuclear Power and Rosatom have all applied for the selection process.

The Bulgarian government’s "call for expressions of interest for a strategic investor and/or acquisition of a minority shareholding and/or purchase of electricity" was published in the Official Journal of the European Union on 22 May. The 90-day deadline expired today. The completion date is 12 months from the date of publication.

 

The Belene NPP construction project in northern Bulgaria - at the Belene site, located 4 km from the town of Belene and 11 km from the town of Svishtov - includes construction of two 1000 MWe units, each using the Russian VVER-1000/V-466 design which is a pressurised water reactor with four circulating loops. The nominal thermal power is 3000 MWt and the net power is 1000 MWe.

Source: world-nuclear-news.org

China-Russia East-Route natural gas pipeline finalized

17/10/2019 14:16:00

This week, construction of the northern section of the China-Russia East-Route natural gas pipeline was finalized in China's Jilin Province. The northern part of the project stretches from the city of Heihe in Heilongjiang Province to Changling County in Jilin Province, with a distance of 1,067 kilometers.

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Australia's Woodside aims to hit go on $11 billion gas project in early 2020

17/10/2019 14:09:00

Woodside Petroleum Ltd has pushed out the final approval date for its mammoth Browse gas project but slightly brought forward plans to sign off on its smaller Scarborough project as it races to fill an anticipated global supply gap.

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Daily (17.10.2019): NBP spot slumped by over 8% on Wednesday amid firmer Norwegian exports and lower gas-for-power demand

17/10/2019 11:38:00

Speculations about a potential extension of crude supply cuts by OPEC and its allies as of December led to a recovery in crude oil prices on Wednesday. The greenback’s slide coupled with short covering in anticipation of an industry report on U.S. crude inventories also contributed to the market rally. Still, concerns over tighter crude demand and expectations for higher crude stocks in the U.S. limited gains. Against that backdrop, Brent crude rose by 1.2% to 59.42 USD/bbl, while WTI futures advanced by 1% to 53.36 USD/bbl.

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