Bulgaria Awaits EU Nod To Resume South Stream Work

Posted by Joseph R. Fonseca
Sunday, June 08, 2014
Prime Minister Plamen Oresharski

 

Bulgaria will not resume work on the Russian-led South Stream gas pipeline project until it receives the all clear from the European Commission, Prime Minister Plamen Oresharski said on Sunday.

In a move that could inflame tensions between Russia and the European Union, the 28-nation bloc's executive arm last week asked the Balkan country to suspend work on Gazprom's South Stream project pending a decision on whether it complies with EU law.

The pipeline is being built to transport 63 billion cubic metres of gas per year under the Black Sea through Bulgaria to central and southern Europe, bypassing Ukraine, as Russia seeks to cement its position as Europe's dominant gas supplier.

Bulgaria is the EU's poorest member and almost wholly dependent on Russian gas, but Prime Minister Oresharski said it would comply with the European Commission's request.

"We discussed the South Stream issue and the European Commission request," Oresharski told reporters after meeting U.S. senators in Sofia on Sunday, adding that Bulgaria will continue work on the project only after the EU's concernes have been resolved.

U.S. ambassador to Bulgaria Marcie Ries said on Friday that the United States was deeply concerned by Bulgaria's choice of Russia's Stroytransgaz, a consortium owned by sanctions-hit businessman Gennady Timchenko, to build the Bulgarian section of the pipeline.

State-controlled Russian gas exporter Gazprom is pushing ahead with the $40 billion project despite Western sanctions against Moscow over the Ukraine crisis.

A spokesman for the Russian energy ministry said that Moscow has not received any official notification from Sofia that Bulgaria has suspended the work on the project.

"We are planning to bring up the issue during our talks tomorrow with (EU Commissioner Guenther) Oettinger," the spokesman said.

Ukraine, Russia and European Commission officials meet in Brussels on Monday evening to continue talks how to resolve a dispute over gas prices.

(Reporting by Angel Krasimirov; Additional reporting by Lidia Kelly and Vladimir Soldtakin in Moscow; Editing by David Goodman)

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Maersk Drilling Secures Contract for Newest Drillship

Maersk Drilling was awarded a contract from eni Ghana Exploration and Production Ltd. for employment of the newbuild drillship Maersk Voyager.   The contract

Corvus Energy Wins Order for Battery Hybrid Ferries

Scandlines ferries designed with battery hybrid propulsion to operate on the Rostock-Gedser commercial route.    Corvus Energy, Siemens AS and Scandlines have

Elcome Enters Sales, Service Deal with JRC

Elcome International has signed a distribution agreement with Japan Radio Company (JRC) and its technology partner Alphatron Marine.   Under the agreement, the

Legal

Green Groups Sue Port of Seattle

A coalition of environmental groups has sued the Port of Seattle over a leasing agreement to host Shell Oil’s Arctic drilling fleet, claiming the deal was negotiated

Strip Club Barge Accused of Dumping Sewage into Harbor

Owners of floating Kodiak strip club indicted by Federal Grand Jury; Wild Alaskan operators accused of dumping raw sewage into Kodiak Harbor, Alaska   A federal

MOL Expands Container Fleet

Mitsui O.S.K. Lines, Ltd. has signed a deal for construction of four 20,000 TEU containerships with Samsung Heavy Industries. MOL also concluded an MOU for long-term chartering of two 20,

Energy

Nabors Posts Quarterly Loss as Drilling Activity Slows

Offshore driller Nabors Industries Ltd reported a quarterly loss, hurt by lower drilling activity amid a slump in global crude prices.   The company posted a net loss of $891.

Floater Orders 2014

25 Units Orders in 2014:  10 FPSOs, 1 Barge, 4 FLNGs, 7 FSRUs & 3 FSOs The overall number of orders is similar to the average ordering pace over the past 10 years,

Interview: Nakilat's Samir Bailouni

SGMF Membership - Uncovered: An interview with Samir Bailouni, Nakilat The Society for Gas and Marine Fuel (SGMF) recently interviewed one of its members, Samir

LNG

Interview: Nakilat's Samir Bailouni

SGMF Membership - Uncovered: An interview with Samir Bailouni, Nakilat The Society for Gas and Marine Fuel (SGMF) recently interviewed one of its members, Samir

Eniram to Provide Boil-off Management for LNG Sector

Eniram Limited, the Finnish provider of energy management technology and data analytic services to the shipping industry, announced that it is releasing an onboard

Tallink & Meyer Turku to Build LNG Ferry

AS Tallink Grupp and Meyer Turku Oy signed a contract for the construction of LNG powered fast ferry for Tallinn-Helsinki route shuttle operations. The dual

News

Green Groups Sue Port of Seattle

A coalition of environmental groups has sued the Port of Seattle over a leasing agreement to host Shell Oil’s Arctic drilling fleet, claiming the deal was negotiated

Lomar Adds Seven Container Ships to its Fleet

Lomar Corporation, a Libra Group company, has again added to its fleet of container ships with the purchase of three vessels plus an order for up to four new buildings from the Yangzijiang Shipyard,

Canadian Navy Delays Opening of Arctic facility

Canada's military has again delayed the opening of a major new Arctic port, a sign the government is struggling to assert sovereignty over a remote resource-rich region.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Pipelines Salvage Ship Electronics Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1372 sec (7 req/sec)