Bulgaria and South Korea will sign a cooperation agreement for promoting contacts in the sphere of energy. Agreement for this was reached by Bulgaria’s Minister of Energy Vladimir Malinov and the ambassador of the Republic of Korea to Bulgaria Bae Jongin.
By a decision of the National Assembly from 23 February, 2024, the South Korean company Hyundai Engineering and Construction was selected for conducting negotiations as potential builder of units 7 and 8 of the Kozloduy nuclear power plant, using the Westinghouse AP 1000 technology, the Bulgarian Energy Ministry says. Minister Vladimir Malinov and Ambassador Bae Jongin also discussed potential cooperation on the liquefied natural gas market. The Republic of Korea is among the biggest importers of LNG in the world and the Bulgarian side has a serious interest in purchases that would ensure additional diversification and energy security, Minister Malinov stated.
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle pollution. Bulgaria is participating in two of these projects and will receive funding to install charging..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks an upgrade from the 2% growth rate estimated in the Commission’s spring outlook. The expected GDP..
Bulgaria has no additional conditions from the United States for the exception of the sanctions imposed on Lukoil to enter into force, Minister of Energy Zhecho Stankov told BNT. If necessary, the postponement of the sanctions against Lukoil can be..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
Bulgaria has no additional conditions from the United States for the exception of the sanctions imposed on Lukoil to enter into force, Minister of..
Rain
Cloudy
Scattered showers