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Ukraine Is Satisfied With South Stream Shut-down
December 6, 2014 17:40


(Source: http://voicesevas.ru/news)

Ukraine is satisfied with the shut-down of the “South Stream” project.

Kiev expressed satisfaction with the rejection of the gas pipeline project “South Stream” which was to supply gas to Europe, bypassing Ukraine. This was reported by RIA Novosti with the reference to the official representative of the Ministry of Foreign Affairs of Ukraine Yevhen Perebiynis. “We consider the decision of the European Union to abandon the project to be logical and prudent.

Ukraine has always stated that it was a reliable transit country of energy resources. We have repeatedly proved it, and we now confirm it - during our negotiations both with the European Union and Russia. Our intentions are to perform all obligations under the transit of energy resources to Europe” - the representative of the Ukrainian Foreign Ministry said. According to him, “South Stream” was exclusively a political project, which was not supported by economic calculations. “It does not have a main task, which it, obviously, had to have for Europe – the diversification of the sources of energy supplies” – Perebiynis recalled.

Under this project it was supposed to diversify the routes of energy supply, but the source of supply remained the same, as he said. On December, 1 the Russian President Vladimir Putin said that under the current circumstances Russia would not implement the “South Stream” project. In his turn, the head of “Gazprom” Aleksei Miller noted that the project was no longer relevant.

The “South Stream” project worth 15.5 billion euros was intended for delivery of 67 billion cubic meters of gas per year to Europe. It had to go across the Black Sea to Southern and Central Europe. It was assumed that the gas transportation through it would begin in late 2015. It was planned to lay the route of the pipeline through the territory of Bulgaria, Serbia, Hungary, Austria, Italy and Slovenia. Macedonia also expressed the desire to participate in the project.




Author: Anna Dorozhkina

Tags: South Stream Russia International    

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