Bulgaria’s Prime Minister Sergey Stanishev is to meet his Russian counterpart Vladimir Putin in the Black Sea resort of Sochi on Thursday.

The two officials will discuss the current main energy projects – the construction of the oil pipeline Burgas- Alexandroupolis, the gas pipeline South Stream as well as the building of Bulgaria’s second nuclear plant in Belene.

Bulgaria’s premier Stanishev will be in the accompanied by the Ambassador to Moscow, Plamen Grozdanov, the Deputy Economy Minister Yavor Kuyumdjiev and Foreign Ministry Russia expert Maya Draganova.

The two delegations will discuss the development and strengthening of the two countries’ mutual relations, as well as the organization of the Year of Russia in Bulgaria and the Year of Bulgaria in Russia.

The talks are to be held in Riviera residence Stanishev in the eve of the 7th International Ivestment Forum in Sochi.

The delegation, which will represent Bulgaria at the large-scale event, is to be led by the Regional Development Minister Assen Gagauzov.

Putin will open the conference which will be attended by 10,000 businessmen from 36 states. Representatives of 50 Bulgarian companies will join the forum.

On Friday, the Russians will explain the possibilities for investments in Sochi related to the organization of the Winter Olympic Games in 2014.