Bulgaria May Lose Turkish Energy Market over Russian Deal

Bulgaria might suffer from the latest Russia-Turkey nuclear deal, according to Ivan Hinovski. Photo by Monitor Daily

Bulgaria might lose Turkey as an electricity export market as a result of the energy deals that the latter has signed with Russia, an expert has warned.

“If the Turkish nuclear power plant which Russia is going to construct is cheaper that the one that we are hoping to build at Belene, we will lose the Turkish market,” said Ivan Hinovski, Chair of the Bulgarian Energy Forum, an NGO, as quoted by BGNES.

“The sums and conditions of the Russian-Turkish deal for a nuclear plant in Turkey are still unknown to us,” the energy expert pointed out. He did stress, however, that the nuclear energy project in Turkey will not be realized very easily.

“About 4-5 years ago Turkey asked Bulgaria to provide training for 100-120 nuclear specialists per year. Unfortunately, this project failed to materialize, which is an opportunity the Bulgarian business missed to take advantage of,” Hinovski revealed.

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