EU: Bulgaria Must Re-Negotiate South Stream Deal with Russia

Energy | December 5, 2013, Thursday // 11:05|  views

Map by

Bulgaria is obligated to renegotiate with Russia the bilateral agreements for the construction of the Gazprom-favoured South Stream gas pipeline, the European Commission has said.

“The Commission has looked into these intergovernmental agreements and came to the conclusion that none of the agreements is in compliance with EU law," Klaus-Dieter Borchardt, director for energy markets at the European Commission, said in the European Parliament, as cited by

"That is the reason why we have told these states that they are under the obligation, either coming from the EU treaties, or from the Energy Community treaty, that they have to ask for re-negotiation with Russia, to bring the intergovernmental agreements in line with EU law,” he added.

The Commission's announcement may embarrass at least two South Stream transit countries – Bulgaria and Serbia, EurActiv comments.

Bulgaria, which opened its doors to South Stream in April 2012 under a previous government, hosted a South Stream “first welding” ceremony on 4 November, in the village of Rasovo in the Montana municipality of Bulgaria, near the border with Serbia.

And Serbia did the same on 24 November in the village of ?ajka?, in Vojvodina. Both countries reportedly knew that they were promoting a project under agreements seen by Brussels as illegal.

FULL text of the article READ HERE

We need your support so can keep delivering news and information about Bulgaria! Thank you!

Tags: Bulgaria, Russia, Plamen Oresharski, Bulgarian Energy Holding, Alexei Miller, Dragomir Stoynev, natural gas, Gazprom, South stream, European Commission


» Related Articles: