Bulgaria, Austria Back South Stream Project Compliant With EU Law
Friday, 31 October 2014
Bulgaria and Austria both believe Europe needs energy diversification and support a South Stream gas pipeline project that would comply with EU law, their presidents said on Thursday.
Bulgaria’s President Rosen Plevneliev said at a joint news conference after talks with visiting Austrian head of state Heinz Fischer that the building of interconnection gas links with Bulgaria’s neighbours is of paramount importance in view of Sofia’s goal to reduce the country’s almost total dependence on Russian gas supplies.
The construction of the South Stream pipeline designed to carry 63 billion cubic metres of Russian gas a year to Europe across the Black Sea bypassing Ukraine and via Bulgaria, Serbia, Hungary, Slovenia and Austria was put on hold in Bulgaria earlier this year at the behest of the European Commission, which said the project violated the Union’s energy legislation.