22 November 2012, 21:36

South Stream guarantees energy security to Europe

South Stream guarantees energy security to Europe

The South Stream gas pipeline that will transport Russian gas to the EU countries through the Black Sea is the only project that guarantees energy security to Europe. The participants of the round table conference dedicated to energy issues in Rome have arrived at this conclusion.

According to an Italian MP, the South Stream project meets mutual interests of the supplier and the consumers, and they equally depend on each other.

According to the MP, there is a big difference between South Stream and the Nabucco project that provides for the construction of a pipeline bypassing Russia because the latter isn’t backed up with concrete sources.

The Nabucco and other projects are linked to political instability because the energy sources are located in such countries as Libya and Algeria, the MP said.

Voice of Russia, TASS

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