On the advice of the White & Case law firm, the National Electric Company (NEC) of Bulgaria has decided not to appeal the ruling of the International Court of Arbitration on the Belene NNP case. The Russian Atomstroyexport has lodged a total..
The National Assembly approved, at second reading, the loan for the National Electric Company (NEC) for paying the Russian Atomstroyexport for the equipment manufactured for the aborted Belene NPP project, as ruled by the Court of Arbitration...
It is not to the interest of Bulgaria to sell the nuclear equipment for Belene NPP after the country pays off its debt to Atomstroyexport. We are to look for a private investor, in order to complete that project, Bulgaria’s Minister of Energy..
Bulgarian parliament adopted a bill at first reading, authorizing the government to loan the National Electric Company the money for paying the Russian Atomstroyexport company for the equipment it has manufactured for the aborted Belene NPP. The..
An approved bill that is to provide state aid for payment of debts of the Natsionalna Elektricheska Kompania EAD (NEK) is discussed today at first reading in the National Assembly. The draft envisages that the electricity company would receive money from..
Bulgarian Minister of Energy, Temenuzhka Petkova, has met with representatives of the China General Nuclear Power Group (CGN), it was reported. The meeting was held at the initiative of the Chinese side and talks focused on potential cooperation in the..
In an extensive statement on the subject, the Bulgarian Prime Minister spoke about the EUR 553 million Bulgaria has to pay as compensation for two reactors f ollowing a ruling by the Court of Arbitration in Geneva. “On the other hand,” he said..
The Bulgarian and the Russian side are setting up a joint working group to look into possible options regarding the Belene NPP project , after in mid-June, the Court of Arbitration in Geneva ruled that Bulgaria pay Atomstroyexport EUR 550 million in..
Energy Minister Temenuzhka Petkova is starting talks in Russia today with representatives of the Russian state atomic energy corporation Rosatom on a settlement of the payments by the National Electric Company for the equipment manufactured for the..
A government delegation headed by Prime Minister Boyko Borissov is currently paying a visit to Iran. Talks there will focus on the conflicts in Syria and Iraq in light of the migration flows towards Europe as well as Bulgaria’s role as an..
