Tag "South Stream"
by Leonid Krutakov for Odnako (translated by: Robin) In mid-January, EU Energy Commissioner Maroš Šefčovič held talks with Gazprom CEO Alexey Miller and Russian Energy Minister Alexander Novak in Moscow. After the talks, Mr. Šefčovič expressed surprise at three circumstances. First, Gazprom has no intention of building the South Stream pipeline. Second, in the future natural gas will be delivered to Europe via Turkey. And, third, Russia is not
by Alexander Mercouris The reaction to the cancellation of the Sound Stream project has been a wonder to behold and needs to be explained very carefully. In order to understand what has happened it is first necessary to go back to the way Russian-European relations were developing in the 1990s. Briefly, at that period, the assumption was that Russia would become the great supplier of energy and raw materials to
My Bulgarian colleagues have always told me that whatever happens, they would certainly implement South Stream, because this corresponds to their national interests. But here, unfortunately, this did not come to pass. If Bulgaria is deprived of the opportunity to act as a sovereign nation, then they should at least demand money from the European Commission to compensate for their lost profits, because direct revenues to Bulgaria’s budget alone would
