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Bulgaria to resume electricity exports on March 1

Date: 27.02.2008

Bulgaria's Energy Ministry announced Monday the country was going to resume its normal electricity exports starting March 1.

The Energy Minister Petar Dimitrov imposed restrictions on the exportation of electric power on January 14 after Bulgaria's energy consumption grew tremendously because of the cold weather.

Electricity shortage concerns led to Minister Dimitrov's ordinance allowing the Electric Energy Systems Operation (EESO) to limit electricity exports in its judgment until March 31, 2008.

The EESO has recently informed the Energy Ministry that the terminated export deals could be resumed. The decision was made after a careful analysis of the energy resources available in the thermal power plants, the weather forecasts, and the repair values of the generating capacities.

Ivan Ayolov, the EESO director, said Bulgaria's energy balance was secure. The country could export 300-400 MW of electricity, which corresponds to the agreements made with neighboring system operators for March 2008.

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