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    Bulgaria Hopes to Sell Russian Equipment From Belene Nuclear Power Plant

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    Bulgaria hopes to reach an agreement with Rosatom in order to sell Belene nuclear power plant production to a third party, Bulgarian Prime Minister Boyko Borisov said Monday.

    MOSCOW (Sputnik) – Bulgaria hopes to reach an agreement with Russian nuclear corporation Rosatom that would allow the country to sell Russian equipment from the Belene nuclear power plant to a third party, Bulgarian Prime Minister Boyko Borisov said Monday.

    "All the other alternatives are quite difficult in today's hard cold war, which is colder and more serious than it was," Borisov said as quoted by the Investor media outlet.

    He added that installing the Russian equipment amid the anti-Russian sanctions would be problematic for Bulgaria as an EU member state, so the country wishes to sell the equipment. However, Bulgaria needs permission of the manufacturer to do that.

    In 2006 the Russian Atomstroyexport company, a subsidiary of Rosatom, won an international tender on constructing two units of the Belene nuclear power plant but the project was frozen in 2009 after the new government headed by Borisov had come to power.

    Last week the International Court of Arbitration at the International Chamber of Commerce in Geneva ruled in favor of the Russian Atomstroyexport company in a dispute with Bulgaria's National Electric Company on the termination of the project of Belene Nuclear Power Plant. According to the court’s decision, Bulgaria has to repay more than $700 million to the Russian company.

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    Tags:
    equipment, nuclear cooperation, Rosatom, Boyko Borisov, Bulgaria
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