EU Backs Bulgaria Role in South Stream

EU Backs Bulgaria Role in South Stream
energia.gr
Τετ, 3 Μαρτίου 2010 - 13:55
EU Energy Commissioner, Guenther Oettinger, has stated that the EU supports the Russian backed South Stream gas pipeline provided that it meets technical requirements for security. Oettinger is in Bulgaria for Tuesday’s international forum ‘Energy security in the wider Black Sea region: an approach to public-private partnership’.

EU Energy Commissioner, Guenther Oettinger, has stated that the EU supports the Russian backed South Stream gas pipeline provided that it meets technical requirements for security.

Oettinger is in Bulgaria for Tuesday’s international forum ‘Energy security in the wider Black Sea region: an approach to public-private partnership’.

He said that the South Stream project increases the import capacity and also added that the EU and US backed Nabucco gas pipeline enhances the diversification of gas supplies to Europe. Oettinger summed up the situation by saying “a situation must be built in which everyone wins.”

Oettinger said that there will be intensive dialogue between Bulgaria and the EC to harmonize positions on the Bulgarian energy projects. “Bulgaria is not only its own market, it is important for other countries in the region” the EU Energy Commissioner highlighted.

He added that the interests of Bulgaria and the EU are very similar where it comes to “gasification”.

He concluded that 2010 will be a very important year for energy projects in Europe and that energy security and energy cooperation is a top priority of European institutions.

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