Bulgaria approves South Stream ecological risks assessment report

Bulgaria approves South Stream ecological risks assessment report

Bulgaria’s ministry of environment and waters approved a report on the environmental impact assessment (EIA) of the South Stream gas pipeline project.  At present, there seems to be no technical, financial or other obstacles for the project to go ahead. All restrictions regarding the underwater section of the pipeline have been lifted, Natural Gas Europe writesPutin-Borisov

According to former Prime Minister of Bulgaria Boyko Borisov, South Stream’s realization would transform Bulgaria into the largest natural gas hub in the Balkans. It is expected that the project brings 3 billion euro investments to Bulgaria and will open thousands of jobs during the construction of the pipeline and afterwards.

Alexei Gromov, General Director of the National Energy Institute, commented on the issue: “A few months ago, Russia offered Bulgaria a 20% discount on gas supplies under long-term contracts in a bid to persuade it to approve South Steam. This will save Bulgaria at least one billion euro. All of Bulgaria’s subsequent moves stem from that Russian offer.”

Editors note: Natural gas from the East and nuclear energy will be the cornerstone of Bulgaria’s energy self-sufficiency in the decades to come. It seems,  no amount of politically motivated red tape from Brussels can make any Bulgarian decision-maker go against the interests of his own nation.

Read more:

South Stream shapes European energy security, Nabucco falls behind

Bulgarian nuclear future and the U.S. intrigues

7 responses

  1. Pingback: Who is Compromising “South Stream” in Europe? « Route Magazine

  2. Pingback: Serbia Energy Business Magazine - Who is compromising “South Stream” in Europe?

  3. Pingback: Who is Compromising “South Stream” in Europe? - | Intellihub.com

  4. Pingback: Who is Compromising “South Stream” in Europe?

  5. Pingback: Forbidden News » Who is Compromising “South Stream” in Europe?

  6. Pingback: Who is Compromising “South Stream” in Europe? « Document The Truth

  7. Pingback: Who is compromising “South Stream” in Europe? – Officer of the Watch

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 222 other followers

%d bloggers like this: