Thursday, December 23, 2010

Bulgaria - Bulgaria May Build Hydropower Plants in Lebanon - Standart

Bulgaria - Bulgaria May Build Hydropower Plants in Lebanon - StandartBulgaria may export turbines for hydropower plants and photovoltaic panels to Lebanon. In addition, Bulgarian experts may help with the construction of such facilities. This was agreed between Lebanon’s Minister of Energy and Water Jubran Baseel and Bulgaria’s Economy and Energy Minister Traycho Traykov during talks in Beirut. Such activities could be supported with up to one billion US dollars from a special fund. An agreement between Sofia and Beirut regarding the possible export of electricity from Bulgaria to Lebanon is also under way. An agreement for encouragement of the cooperation between Bulgarian and Lebanese SMEs was signed during a meeting between Bulgaria’s Economy Minister Traycho Traykov and H. E. Mohammad Safadi, Minister of Economy and Trade of lebanon.