South Stream Gas Pipeline Project is Out of Agenda - Russian Energy Minister

© Sputnik / Sergei Guneev / Go to the mediabankPreparations for the ceremony launching the construction of South Stream pipeline
Preparations for the ceremony launching the construction of South Stream pipeline - Sputnik International
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Moscow has no plans to resume the South Stream gas pipeline project at the moment, the Russian energy minister said.

VLADIVOSTOK (Sputnik) — The Russian government is not considering the possibility of a gas pipeline construction under the Black Sea through Bulgaria, Russian Energy Minister Alexander Novak said Saturday.

"There is no ongoing discussion on Bulgaria, there is no [work on] the South Stream project," Novak told reporters at the Eastern Economic Forum.

Construction of pipeline from GDS on Russian island - Sputnik International
Russian Energy Ministry Receives No Offer From Bulgaria on South Stream Restart
The South Stream pipeline project was suspended by Bulgaria at the request of the European Commission in June 2014 as it was deemed non-compliant with the European Union's Third Energy Package, which prohibits companies from both owning the gas and operating the pipeline. Russian President Vladimir Putin officially canceled the project in December 2014.

In August, Bulgarian Prime Minsiter Boyko Borisov said that Sofia and Moscow could restart the South Stream negotiations. In response Putin demanded legal guarantees regarding the project's implementation from the European Commission to resume work.

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