OAO Gazprom (GAZP.RS) chief executive Alexei Miller was in Sofia Tuesday for talks to speed up work on the Russian gas giant's South Stream gas pipeline project, Bulgarian officials said.
OAO Gazprom (GAZP.RS) chief executive Alexei Miller was in
Sofia
Tuesday for talks to speed up work on the Russian gas giant's South Stream gas
pipeline project, Bulgarian officials said.
Miller met with Prime Minister Boyko Borisov and President Georgy Parvanov,
according to their respective press offices.
Details of the closed-door talks were not released, but the daily Dnevnik
quoted Economy and Energy Minister Traicho Traikov as saying the reason for the
unexpected visit was Gazprom's desire to speed up work on South Stream, which
will pump Russian gas to
Europe
via
Bulgaria
.
Miller assured Traikov that the feasibility study on the 900-kilometer pipeline
from
Russia
to
southern
Europe
would be ready in October, Dnevnik said.
According to the government's press service, Borisov and Miller also discussed
the imminent signing of new contracts for the supply and transit of Russian gas
via
Bulgaria
to
the rest of the Balkans.
Bulgaria, which is almost totally dependent on Russia for its gas, has long
demanded direct supply contracts with Gazprom, instead of the current
agreements with intermediary companies that Sofia argues make it difficult to
claim compensation in case of gas cuts.
Bulgaria
has
also said it will seek to receive higher fees for the transit of Russian gas,
but the two sides have yet to begin concrete negotiations on the two issues.
In his comments to Dnevnik, Traikov said Gazprom had "shown
understanding" of
Bulgaria
's
point of view.
"We said that when it comes to South Stream, we will have to see what
happens with the fees in the current transit contracts. The current transit
fees are very low, some of the lowest in
Europe
,"
Traikov said.
Bulgaria
is
almost totally dependent on
Russia
for
its gas consumption of about 3.0 billion cubic metres a year and transfers an
additional 17 billion cubic metres to neighbouring
Turkey
,
Greece
and
FYROM
.
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