KEYWORDS TODAY:   CARETAKER GOVERNMENTBUDGETBSPRESIGNATIONKTB

South Stream Project 'Not Frozen' - Parliament Speaker

Business » ENERGY | June 12, 2014, Thursday // 15:53| Views: 1285 | Comments: 4
  • Send to Kindle
Bulgaria: South Stream Project 'Not Frozen' - Parliament Speaker Bulgaria's Parliament Speaker Mihail Mikov. Photo by BGNES

Bulgarian Parliament Speaker Mihail Mikov argued Prime Minister Oresharski had been misinterpreted when speaking about South Stream.

Mikov told the Bulgarian National Radio the construction of the pipeline had not been halted. He added that Plamen Oresharski could not have stopped the project, as he does not possess the competences to do so with a private company like South Stream.

"South Stream is a joint venture of the Bulgarian Energy Holding and Gazprom. If it works in compliance with the law, it is performing its duties, all the rest is political talk. I don't see how in a state ruled by the law [such projects] could be stopped with a mere statement," Mikov explained.

Mikov's comments come days after Oresharski announced Sunday Bulgaria was to freeze the South Stream pipeline project until it meets EU norms. He announced the decision after the EU Commission launched an infringement procedure against Bulgaria earlier during the week, citing irregularities around the project.

The Parliament Speaker nevertheless said he did not think an infringement procedure targeting Sofia was under way.

He also denied that any violations could have taken place.

More details around the project are expected later this week after Deputy Prime Minister Daniela Bobeva surprisingly announced Oresharski was to reveal "everything" about South Stream while in Parliament on Friday.

Energy » Be a reporter: Write and send your article
Tags: Mihail Mikov, South stream, Plamen Oresharski, Daniela Bobeva, Gazprom, Bulgarian Energy Holding, EU Commission
Expats.bg All Are Welcome! Join Now!

Leave a comment


» To the forumComments (4)
#4
Seedy - 13 Jun 2014 // 07:33:07

They are both correct: '"I don't see how in a state ruled by the law [such projects] could be stopped with a mere statement," Mikov explained.' Since Bulgaria clearly doesn't fit this description then "a mere statement" seems to be enough......

#3
News Flash - 13 Jun 2014 // 07:18:14

The people don't want it.

#2
Optimistic - 12 Jun 2014 // 23:15:15

Get on and build South Stream, the EU is Capitalist and it should not interfere in Gazprom persuing legitimate economic interests.

#1
Riichie - 12 Jun 2014 // 20:25:01

Of course the state can freeze the project, because:
1. it IS suspected of breaking (EU procurement) laws;
2. Bulgarian Energy Holding is a state company.

Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria