gazprom cuts gas prices to bulgaria
Last Updated : GMT 04:22:55
Arab Today, arab today
Arab Today, arab today

Gazprom cuts gas prices to Bulgaria

Arab Today, arab today

Arab Today, arab today Gazprom cuts gas prices to Bulgaria

Sofia - AFP

Russia\'s gas giant Gazprom has agreed to cut natural gas prices to Bulgaria by just over 11 percent, Economy and Energy Minister Delyan Dobrev said after talks in Moscow on Friday. \"We negotiated to receive a discount on the price of gas, which according to preliminary estimates will amount to a little over 11 percent -- 11.1 percent,\" Dobrev told BNR national radio from Moscow, following a meeting with Gazprom chief executive Alexei Miller. \"We agreed to get this discount as of April 1 to be valid over the next nine months,\" he said. A key issue in the talks was speeding up the South Stream pipeline to bring Russian gas to Europe under the Black Sea, Dobrev added. Bulgaria is almost totally dependent on Russian gas for its energy needs and currently pays about $600 (450 euros) per 1,000 cubic metres of gas. The country also transits 12 to 15 billion cubic metres of Russian gas annually to neighbouring Turkey, Greece and Macedonia. Dobrev arrived for talks in Moscow late Thursday, a day after Bulgaria\'s government announced its decision to abandon a joint project with Russia for a 2,000-megawatt nuclear power plant in the northern town of Belene. The plant, to have been built by Russia\'s Atomstroyexport, was seen as strategic by the company as it was going to be their first in the European Union. Feasibility questions, price haggling and safety concerns however bogged down the long-delayed project, which was under discussion for over 30 years. Russia earlier threatened to sue Bulgaria for $1.0 billion if it dropped the deal, but Dobrev was cited by BNR as saying the issue was not raised in Moscow on Friday. The talks with Miller and Russian Vice Premier Igor Sechin were \"very useful\" and held \"in a friendly manner,\" Dobrev said. In a move to dissuade Russia from taking legal action, Bulgaria said it would pay for the first nearly-finished 1,000-megawatt reactor at Belene to be ready by October and would install it on the site of its existing nuclear plant at Kozloduy. \"They said this was a different project that would necessitate changes to the initial plans for a two-reactor plant... (and) that it would take several more years,\" Dobrev said of his Russian interlocutors\' reaction. But they added it \"was possible,\" he said. The Bulgarian government had said it would review the possibility of constructing a gas-fired plant at Belene and Gazprom noted Friday it was interested in participating, Dobrev added. Bulgaria\'s left-wing opposition on Friday threatened to call a no-confidence vote in parliament over the failed Belene project.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

gazprom cuts gas prices to bulgaria gazprom cuts gas prices to bulgaria

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

gazprom cuts gas prices to bulgaria gazprom cuts gas prices to bulgaria

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Prince's vision spurs new Cornwall village

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Airbnb raided by Japan

GMT 01:55 2017 Saturday ,18 November

Airbnb raided by Japan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 05:18 2017 Thursday ,16 November

Boeing announces $27bn from flydubai

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday