The Nabucco pipeline project, planned to carry natural gas from the Caspian Sea to Europe, has reached an impasse, a situation that is pushing Bulgaria to consider developing its own resources in the Black Sea, the country's prime minister said Friday.
The Nabucco pipeline project, planned to carry natural gas from the
Caspian
Sea
to
Europe
, has reached an impasse, a
situation that is pushing
Bulgaria
to
consider developing its own resources in the
Black
Sea
, the country's prime minister said Friday.
"We regret that the Nabucco project is stuck," said Boyko Borisov in
a press conference after meeting the European energy commissioner. "We are
paying our duties, but unfortunately countries and companies are leaving this
project one by one," he said.
Mr. Borissov said that his country is exploring gas reserves in the
Black
Sea
and may have its own production in years to come.
Bulgaria
is
key in the European Union's effort to diversify its gas supplies away from
Russia
. It
would be a crucial transit country for Nabucco, which would carry Azerbaijani gas
from
Turkey
to
Austria
. But
it is also being courted by
Russia
,
whose gas giant OAO Gazprom is building South Stream, a massive gas pipeline
that would carry Russian gas to
Europe
bypassing
Ukraine
, and
could go through
Bulgaria
.
The stakes are high because South Stream would merely change the route for the
gas, without easing dependence on
Russia
.
Διαβάστε ακόμα
Τρι, 24 Σεπτεμβρίου 2024 - 19:58
Τρι, 24 Σεπτεμβρίου 2024 - 19:54
Τετ, 18 Σεπτεμβρίου 2024 - 18:32
Τετ, 18 Σεπτεμβρίου 2024 - 18:27
Τρι, 17 Σεπτεμβρίου 2024 - 20:01