Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Bulgaria Suspends South Stream Pending Negotiations with Brussels
9.06.2014 11:40
Bulgaria Suspends South Stream Pending Negotiations with Brussels
Photo Credit:

Bulgaria has suspended its operations on the South Stream pipeline project after a visit by American senators.

      According to the online news outlet, the Bulgarian Prime Minister announced he would have to consult Brussels before resuming the works.

      Plamen Oresharski referred to a resolution dated April 2014 whereby the Europarliament urged the EU member states to opt out of the South Stream project.

      Apart from Bulgaria, other participants to the venture are Austria, Hungary, Greece, Serbia, Slovenia and Croatia.

      The South Stream project is aimed at strengthening the European energy security. It is the key project in the diversification strategy for gas supply routes to the EU. The South Stream gas pipeline will ensure a direct connection between hydrocarbons suppliers and consumers thus raising significantly the energy supply security on the entire European continent, says the official website of the project.

      According to a consensus forecast given at the website, Europe’s annual demand for additional gas import may reach 80 billion cubic meters by 2020 and surpass 140 billion cubic meters by 2030.


Author: Mikhail Vesely

Tags: South Stream Gazprom Russian gas   

Next Previous

You might also find interesting:

Comment on our site

RSS   twitter      submit

Yakutsk  Russian scientists  Russian Cinema  Russian musicians  Udarnik Movie Theater  Golden Ring Tours  Paleontology  Russian tourism  Russian science  Russian Railroads  Moscow restaurants  Online Exhibitions  Taganrog  Russian newspapers  Exhibitions in Moscow  City Hunter  Light Show  Vyacheslav Shilov  Russian metal  Russia  Moscow  Borsch  Alexander Lebedev  Ostrogoschsk  Mammoth  contemporary art  St. Petersburg  Russian business  residence  Kuban   Russian economy  Mercedes-Benz Fashion Week Russia  International space station  Russian parliament  Russian art  Luzhkov  Tsaritsyno  ITMO University  Moscow events  Ministry of Culture  Great Patriotic War  Karen Shakhnazarov  Russian International  Russian trade  Opposition  Vladimir the Great  Russian theatre  PayPal  Tatarstan  economy 

Travel Blogs
Top Traveling Sites