Russian Minister of Energy Alexander Novak said at the Eastern Economic Forum that the revival of cancelled South Stream gas pipeline project is currently not on Russia’ agenda.
This statement comes after a series of speculations that South Stream project could be re-launched along with the TurkStream gas pipeline project. In early June, Russian President Vladimir Putin said that Russia had not definitely cancelled any of its gas pipeline projects in Southern Europe (Turkish Stream and South Stream), but still needs clear EU position on these projects. He added that if any of these project is to be resumed, the European Union has to take clear stand regarding them and inform Russia about it. Minister Novak later explained that the two gas pipeline projects TurkStream and South Stream are in no opposition to each other and that both projects can be implemented, while President Putin stressed South Stream project can be carried out only if there were strong guarantees it would be realized without any obstacles from Bulgaria or from the European Union.
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Tags: Bulgaria, construction, gas, gas pipeline, Region, Russia, South Stream