The memorandum for understanding and cooperation between the energy ministries of Bulgaria and Azerbaijan, inked by both parties 13 November, provides for wrapping up the talks between Bulgargaz and GNKAR and sealing a long-term natural gas delivery contract for at least 1 bcm in 2011-2012. Deliveries can be made through …

Turkish Prime Minister Recep TayyipErdogan on Wednesday urged the European Union (EU) to show “sincerity” over Turkey’s bid to join the 27-nation bloc. Turkey has been resolute in the membership bid despite “unfair treatment often seen” in its relations with the EU, Erdogan said. “We have shown our commitment and …

Russia was ready to finance the next two years of construction on Bulgaria’s second nuclear power plant in Belene on the Danube, Economy and Energy Minister Traicho Traikov said. That way the plant’s construction will not be put on hold, he said, noting that money needed for construction of Belene …