South Stream 'Important to Bulgaria as Gas Transit Route' - EconMin
Monday, 08 September 2014
The South Stream pipeline will be more important in terms of gas transportation than of supplies to Bulgaria, caretaker Economy Minister Vasil Shtonov made clear.
In an interview with public broadcaster BNT he explained that it would be gas transit taxes that would bring more profit to Bulgaria, "even though [through the project] we are, of course, undergoing diversification."
The minister reminded that, out of 63 billion cubic meters of gas projected to be pumped through South Stream's pipes on a yearly basis, just 1 bcm is to be delivered to the country.
He was confident that both the Chiren gas depot and the reverse-flow interconnection with Greece could be of much use to Bulgaria in case of a major crisis this winter, with the later capable of delivering 1.5 to 3 bcm of gas every day.