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Gazprom, Bulgaria sign protocol on South Stream

August 27, 2012, 20:23 UTC+3
The sides agreed that “the final investment decision on the project will be made on November 15, 2012”
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Photo ITAR-TASS

Photo ITAR-TASS

MOSCOW, August 27 (Itar-Tass) — Russia’s Gazprom and Bulgaria have signed a protocol on the implementation of the South Stream project, the company said after talks in Bulgaria.

Gazprom’s delegation was led by Deputy CEO Alexander Medvedev.

“The sides discussed current cooperation in the gas industry. They discussed in particular the implementation of the Bulgarian section of the South Stream gas pipeline. The sides discussed several documents in the presence of Bulgarian Minister of the Economy, Energy and Tourism Delyan Dobrev,” Gazprom said.

Gazprom and the Bulgarian Energy Holding EAD signed a protocol on the implementation of the South Stream project in Bulgaria. The document sets the point where the future gas pipeline will be connected to Bulgaria’s gas transportation system, specifies its parameters and determines further steps in the implementation of the project,” the company said.

The sides agreed that “the final investment decision on the project will be made on November 15, 2012”.

 

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