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Bulgaria asks Russia for meeting on South Stream project

December 17, 2014, 12:21 UTC+3 MOSCOW
Bulgaria may suggest Russia continue the construction of the offshore part of the pipeline and build a gas distribution station on its territory
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© AP Photo/Mikhail Metzel

MOSCOW, December 17. /TASS/. Bulgaria has asked Russia for a meeting to receive official confirmation that the South Stream was terminated and to suggest alternatives to restart it, a ministry official representative told PRIME on Wednesday.

“The Bulgarian side has turned to the Energy Ministry with a request to hold a meeting on the South Stream project, but the date has not been scheduled yet,” he said.

The meeting may be held on December 19, he said. Bulgaria may suggest Russia continue the construction of the offshore part of the pipeline and build a gas distribution station on its territory.

Infographics Russian gas supplies to Europe: existing routes Russian gas supplies to Europe: existing routes

THE MAIN EXPORT ROUTES OF RUSSIA’S NATURAL GAS SUPPLIES TO EUROPE. Infographics by TASS

Russian President Vladimir Putin announced the decision on Russia’s withdrawal from the project on December 1 while on visit to Turkey. South Stream was Gazprom’s global infrastructural project of a gas pipeline system with a capacity of 63 billion cubic meters across the Black Sea stretching from Russia to Bulgaria and through Serbia, Hungary and Slovenia further to Austria.

Vladimir Putin blamed  the EU and Bulgarian authorities for lack of cooperation.  According to the South Stream Transport Company, European companies will suffer direct losses valued at no less than €2.5 billion due to the termination of the project.

Instead of South Stream, Gazprom will build a gas hub on the Turkey-Greece border under a new 63 billion cubic meter pipeline project. Gazprom CEO Alexey Miller said the construction of a gas pipeline to Turkey will make it possible to reduce the risks linked with natural gas transit through Ukraine.  Russia’s steel pipe manufacturers hope that all their products originally meant for the South Stream project will be redirected to the new gas pipeline project.

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