08:00 GMT +322 August 2019
Listen Live
    Начало строительства газопровода Южный поток

    South Stream Construction Continuing as Planned: Russian Energy Ministry

    © Sputnik / Sergey Guneev
    Business
    Get short URL
    South Stream gas pipeline (50)
    0 55

    Bulgaria remains the only country that has suspended its participation in the construction of the South Stream gas pipeline.

    MOSCOW, November 24 (Sputnik) — The construction work on the South Stream gas pipeline is continuing as planned, Head of the Russian Energy Ministry's oil and gas production and transportation department Alexander Gladkov stated Monday.

    "The work continues as planned, the prospects for the pipeline are not bad, we have agreements with the Serbs, and several other countries," Gladkov said at a press conference at Rossiya Segodnya International Information Agency.

    Gazprom's Head of relations with Russian authorities Vladimir Markov confirmed that the South Stream construction is being carried out with minimal delays. He noted that Bulgaria remains the only country that has decided to suspend its participation in the project.

    "Note that Bulgaria is not against this pipeline, it simply wants us to agree it with the EU," Markov stressed.

    Russian energy giant Gazprom started building the South Stream gas pipeline across the Black Sea in 2012 in order to reduce the unreliable passage of Russian natural gas to central and southern Europe through Ukraine. The pipeline is expected to be fully operational by 2018.

    Brussels has long been trying to hamper the project, saying it violates the European Union’s Third Energy Package, which stipulates that pipelines in its member countries cannot belong to natural gas producers. Moscow insists that the construction of the pipeline does not contradict the regulations in any way.

    Topic:
    South Stream gas pipeline (50)

    Related:

    South Stream Project Vital to Serbia, Work Should Continue: Serbian Party
    Putin: South Stream Pipeline Beneficial to Europe
    Putin: South Stream Project Will Provide Serbia With More Than $2.5 Bln in Investments
    Russian, Serbian Presidents to Discuss South Stream Project: Kremlin Aide
    EU Commission's Stance on South Stream in Serbia Still Unknown: Kremlin Aide
    Moscow Hopes Bulgaria to Continue South Stream Project After Polls: Diplomat
    Tags:
    Serbia, Bulgaria, Russia
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik