00:36 GMT +330 August 2016
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Preparations for the ceremony launching the construction of South Stream pipeline

Bulgaria Wants to Resume Negotiations on South Stream Pipeline

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In late 2014, Moscow cancelled South Stream gas pipeline project, provoked by "unconstructive stance" of the European Union. However, not all countries seem to share the position of the EU leadership.

Bulgarian authorities are planning to resume talks on the construction of "South Stream" gas pipeline, Russian Deputy Minister of Energy Yuriy Sentyurin said.

"The Bulgarian partners are actively advocating for resumption of negotiations on the South Stream. At least, our ministry has received such information," Sentyurin said.

The project was scrapped because of disagreements between Russia and EU provoked by the European Union's third energy package, which prohibits companies from both owning the gas and operating the pipeline.

According to the project, the pipeline was to deliver Russian natural gas through Bulgaria, Serbia, Hungary and Slovenia to Italy and Austria.

Earlier, Serbian President Tomislav Nikolic also expressed his hopes that the South Stream gas pipeline project would be successfully implemented despite the existing problems.

Related:
Serbian President Hopes South Stream Gas Pipeline Project to Be Implemented
South Stream Pipeline Project Must Comply With EU Legislation If Renewed
Shutting Off the Tap: South Stream Project Dead, Despite Expectations
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South Stream gas pipeline, Europe, Russia, Bulgaria
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  • Selectric Typeball
    Well, if Turkey is OUT, then perhaps a 2nd go round?
    You need some creative business Corporate forms attorneys?
  • backfromthegraav
    Why ... Nord 2 solves all

    Mind you better still cancel ll Gas supplies to Europe .... they might then understand what Sanctions are .... ROFLOL
  • siberianhusky
    Nothing will happen until Europe gets the approval from the ZionNazies in America.

    Sorry Bulgaria you want gas, get out of the EU.
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