Gazprom, Between Romania and Bulgaria

Gazprom’s president, Alexey Borisovich Miller, is expected to continue his tour of the Balkans with a visit to Bulgaria, after having signed yesterday a memorandum in Bucharest that concerns the possibility that the South Stream gas pipeline should go through Romania. Miller claims that this sudden move is in no way meant to put pressure or to gain leverage on Bulgaria, but simply to offer alternatives.

According to Gazprom’s plans, the pipeline’s building will begin in 2013 and that the first batch of gas should be delivered through it in 2015. South Stream is not meant to compete with other projects, because its goal is to diversify the markets, while other projects – namely Nabucco – aim at diversifying resources.

The Russian pipeline will be able to transportover 60 billion cubic metres of gas per year, twice as much as the Nabucco project.

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