Brussels to Lead Talks with Russia on South Stream - Bulgaria's Energy Min

Brussels to Lead Talks with Russia on South Stream - Bulgaria's Energy Min

The European Commission will lead the negotiations with Russia on the South Stream gas pipeline construction, the Bulgarian energy minister said.
EU energy commissioner Guenther Oettinger is expecting formal letters from the EU member states involved in the South Stream project authorizing him to lead the negotiations with Russia, Dragomir Stoynev said, quoted by public broadcaster Bulgarian National Television (BNT).
“Our position has been supported by both Slovenia and Hungary,” Stoynev said, adding that Austria also supports this position.
The European Commission said last week the bilateral agreements for the construction of the South Stream gas pipeline – concluded between Russia, Bulgaria, Serbia, Hungary, Greece, Slovenia, Croatia and Austria – are all in breach of the EU law and need to be renegotiated. According to the EU, its so-called network ownership 'unbundling' rules need to be observed. This means that Russia's Gazprom, which is both a producer and a supplier of gas, cannot simultaneously own production capacity and its transmission network. Non-discriminatory access of third parties to the pipeline needs to be ensured and the tariff structure needs to be addressed.

Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.