Russia, Bulgaria propel South Stream | Daily Estimate

Russia, Bulgaria propel South Stream | Daily Estimate
Last Friday, Russia and Bulgaria signed an agreement to set up an ... Auckland Travel Guide will guide you to the best hotels, attractions, events, ...
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Russia, Bulgaria propel South Stream | Daily Estimate
Serbia to join the project, Gazprom expressed a desire to privatize the local oil company, NIS, which has provoked a political battle between the advocates and opponents of an energy alliance with Russia. Serbia 400 million euros in cash and 500 million euros in direct investment, and has promised to pay the company's 600 million euro debt, for a 51% stake. mised to build South Stream across Serbia, expand the Banatski Dvor underground gas storage facility from 800 million to 3 billion cubic meters and turn Serbia into a gas distribution hub of southeastern Europe. tunica is a wholehearted supporter of the deal with Gazprom. ause it fears that South Stream will strengthen the EU's gas dependence on Russia and turn Serbia into its foothold in the Balkans. posed auctioning the 51% stake in NIS for 2 billion euros, although the government had assessed the entire company at only 800 million. Serbia can not give an answer to Russia regarding NIS and South Stream. Serbian company, with the supporters of Kostunica replacing the directors of Boris Tadic, the incumbent president of Serbia. task has been complicated by the ongoing presidential elections in Serbia, but there seem to be more supporters than opponents of an alliance with Russia. Serbs' sympathy for Brussels and its gas policy. Sofia that the implementation of the South Stream project had begun, adding that the pipeline will fully satisfy the gas requirements of southeastern Europe. Bulgaria, Hungary, Romania and Austria are building to pump Central Asian gas to Europe via Turkey, bypassing Russia. ause there will be only 12-15 billion metric gas for it. reserve data top secret, and players on the gas market do not trust its leaders' statements about unlimited reserves. ause this winter, which turned out to be rather cold, it cut supplies to Iran and Russia. aise prices, but failure to supply 40 million cubic meters of gas daily to Russia, which has recently agreed to pay more for Turkmen gas, is an alarming sign. Bulgaria signed an agreement to set up an international company that will carry out a feasibility study for the Burgas-Alexandroupolis pipeline project bypassing the Bosporus and Dardanelles straits. assets in the region, Russia has demonstrated its desire to control not only oil and gas reserves, but also their transport infrastructure. senior research associate at the Energy Research Center of the Russian Academy of Sciences' Institute of World Economy and International Relations. ouse depends on supply, demand and other economic factors.