When the "Grand Slam" was announced, which also included the oil pipeline for Burgas - Alexandroupolis, a company was created where 50% had Russian participation, with 25% each from Bulgaria and Greece.

This business entity still exists, it is not closed.

Russia never gives up on its strategic decisions.

"South Stream" was replaced, but the goal was the same – to supply Europe from the southeast.

Valentin Nikolov commented this to BNR

Valentin Nikolov was born in Dobrich.

He graduated from the University of Economics in Varna, Chairman of the National Committee of Bulgaria in the World Energy Council.

Nikolov is a former executive director of the Bulgarian Energy Holding and a former director of the Kozloduy NPP. 

"There is a fear that this oil pipeline, now correctly announced in connection with bypassing the Bosphorus (because there is a problem with the passage of tankers that are supposed to supply our refinery), in this way we will be able to have easy access to suppliers such as Saudi Arabia , UAE, Algeria, etc. The question is not to turn from Alexandroupolis - Burgas, again to Burgas - Alexandroupolis at one point. We must limit such an option, because if the geopolitical situation changes, Russia will in any case show interest in this oil 

pipeline

. "

Bulgaria had 

almost no financial benefits

 from this oil pipeline, he added.

The derogation is for a certain period

.

Bulgaria at some point will not be able to buy oil of the Urals type directly from Russia, Valentin Nikolov also said

Valentin Nikolov was born in Dobrich.

He graduated from the University of Economics in Varna.

According to him, with certain settings, 

the refinery in Burgas has also worked with other oil

 and it can certainly work.

If there is a ban, we have to look for alternatives

.

Besides the alternatives from the Black Sea, the other option is through the Bosphorus, and the Bosphorus is very difficult to cross.

There is some logic, but it should be known that this investment is worth it against the background of the environmental risk it brings, the expert pointed out in his analysis.

There is a rather big 

danger "to build a pipe that will stand"

, believes Nikolov.

The former head of BEH: Sanctions against Russia for nuclear energy will create a problem for the Kozloduy NPP

Bulgaria can naturally become a gas hub

, commented Valentin Nikolov

Valentin Nikolov was born in Dobrich.

He graduated from the University of Economics in Varna, in the show "Before Everyone".

"

It is not bad that Bulgaria has all kinds of alternatives

. But the EU necessarily wants such constructions of gas pipelines and pipelines to be profitable and economically expedient. We must 

prove to the EC the meaning of this oil pipeline

 and if we can really supply other countries through it, then it can become a European project, why should it be Bulgarian?"

Valentin Nikolov