The Bulgarian government said it considered the South Stream natural gas pipeline to ferry Russian gas to Europe a national priority. The Bulgarian government said South Stream was given national priority status, eliminating legal, tax and other obstacles to the pipeline's construction through the country, the Internet news magazine New Europe reports. Sofia, the report adds, said it was moving in step with regional ambitions to add diversity to the regional energy sector and enhance energy security. Conventional natural gas transit options through Ukraine are risky for Europe given past political acrimony between Moscow and Kiev. About 20 percent of European gas is moved from Russia though 80 percent of that runs through Soviet-era pipelines in Ukraine. Sofia in June said it expected that Azerbaijan will start shipping natural gas in some form to the country by 2014, possibly through the 2,000-mile South Stream rival Nabucco. New Europe notes Sofia's commitment to South Stream has depended on the make-up of the government. It adds that Russian energy company Gazprom was last month forced to deny media reports it was planning to build South Stream around Bulgaria. Sofia last week walked away from the planned Burgas-Alexandroupolis oil pipeline, which includes Gazprom as a consortium member, after years of political wrangling.
GMT 18:55 2018 Friday ,14 December
Libya’s National Oil against paying ‘ransom’ to reopen El Sharara fieldGMT 22:22 2018 Thursday ,13 December
Turkey starts building land part of Turkish Stream pipelineGMT 13:35 2018 Sunday ,09 December
OPEC+ deal to ensure stability of oil price, that is positive for RussiaGMT 14:30 2018 Friday ,07 December
Major oil producers haggle over production cutGMT 13:29 2018 Thursday ,06 December
Major oil exporters mull supply cut amid internal rifts, US demandsGMT 09:30 2018 Monday ,03 December
Qatar says it is withdrawing from OPEC on January 1GMT 21:00 2018 Sunday ,25 November
Oil prices plummet amid U.S. drilling rigs downGMT 17:28 2018 Friday ,16 November
OPEC Basket Price Stood, at over $65.2, on ThursdayMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor