Bulgaria Dismantles South Stream Pipeline Segment

April 18, 2014

Bulgaria has dismantled the pipes from the first welding of the South Stream pipeline, the Bulgarian newspaper Bivol has reported. “This happened after the European Parliament decided that South Stream should not be implemented”, Bivol reported, showing photos from the site before and after the dismantling. The first welding as a symbol of the start of the Russian pipeline construction in Bulgaria was made in October 2013. Gazprom representatives attended the event.

On April 17, the European Parliament discussed a resolution providing for a stop to the South Stream implementation. It was drafted by representatives from the European People’s Party, European Socialists, Liberals, Greens and Conservatives.

South Stream is a pipeline project jointly implemented by Russia, Italy, France and Germany from Russia’s Anapa area across the Black Sea to the Bulgarian port of Varna. Further along, its two branches are to cross the Balkan Peninsula toward Italy and Austria, although the exact routes have not yet been confirmed. The construction began on December 7, 2012, and is scheduled to finish in 2015. The project capacity equals 63bn cubic meters of gas per annum and the project cost is estimated at 16bn euros.

South Stream is aimed to diversify Russian export routes to Europe and cut the dependence of suppliers and buyers from transit countries, Ukraine and Turkey and particular. South Stream initially competed with the Nabucco gas pipeline project, designed to bypass Russia and supported by the EU and the US.

Copyright: UA Energy, 2014