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ENERGY NEWS
US Vows to Help Prop Up Bulgarian Security, Diversify Energy Supplies
by Staff Writers
Washington DC (Sputnik) Jan 21, 2015


Bulgaria depends on Russia for as much as 100 percent of its nuclear fuel needs.

US Secretary of State John Kerry, who is in Sofia, said during a news conference with Bulgaria's Foreign Minister Daniel Mitov that the countries had "agreed to work to enhance regional security - including through joint exercises, implementation of NATO's Readiness Action Plan, actions to bolster stability and security."

According to the statement, Washington also remains "committed to improving Bulgaria's energy security through greater diversity of supply and distribution and increased interconnectivity with neighbors."

Bulgaria is extremely dependent on Russian energy supplies, with about 90 percent of its natural gas supplies coming from Russia's energy giant Gazprom. It also depends on Russia for as much as 100 percent of its nuclear fuel needs.

The United States has been a vocal opponent of Bulgaria's energy cooperation with Russia.

In August, Sofia announced it must freeze a South Stream pipeline project that would have carried Russian natural gas to southern and central Europe across its territory. The project would have made Bulgaria a gateway for Russian gas deliveries to the region and could have reduce the gas price.

In December, Russian President Vladimir Putin said Gazprom had decided to scrap the South Stream project, citing opposition from Brussels.


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