Gov't Resignation in Bulgaria May Cause Problems for Gazprom

Views on BG | July 25, 2014, Friday // 12:43| Views: | Comments: 15
  • Send to Kindle
Bulgaria: Gov't Resignation in Bulgaria May Cause Problems for Gazprom Gazprom chief Alexey Miller and Bulgaria's former PM Plamen Oresharski. Archive photo: BGNES

The resignation of the loyal to Moscow Bulgarian government may cause serious problems for Gazprom and the South Stream project, writes the Russian newspaper Kommersant

“By October the country will be ruled by a caretaker government, which does not have a mandate to take serious decisions and after that in power may come the pro-European opposition,” writes Kommersant. “As a result, Gazprom risks failure to complete the South Stream project by the end of 2015.”

“The resignation of the Bulgarian Socialist Party (BSP) government, traditionally considered most loyal to Moscow, may pose a threat to the construction of the Bulgarian stretch of the South Stream pipeline.”

“The caretaker government, appointed by the president, would have the right to negotiate on South Stream, but all decisions must be sanctioned by Parliament (which will be dissolved in August), while President Rosen Plevneliev (supported by GERB and with pro-European orientation) has the right to veto. It was indeed during the term of the previous government, formed by GERB, when two Russian-Bulgarian projects – the Belene NPP and the Burgas-Alexandroupolis pipeline.”

“Our sources tell us that in their opinion, the fate of South Stream is not decided in Bulgaria, so it was not so important who comes to power,” writes Kommersant. “One of them even thinks Bulgaria would not give up on South Stream, no matter the new government and the western pressure. If the gas transit through Ukraine stops, Bulgaria would suffer, who almost has no alternative gas supplies. Moreover, the transit fees from South Stream could help the state budget. Another source, however, reminds that the GERB leader and former PM Boiko Borisov in 2009 said he was in favour of the cancellation of the South Stream project or at least its delay. Valeriy Nesterov from Sberbank CIB presumes that the launching of the pipeline could be delayed by a year.”

Views on BG » Be a reporter: Write and send your article
Tags: Gazprom, Moscow, Boiko Borisov, South stream, gas, pipeline All Are Welcome! Join Now!
Please, log in to post a comment.
» To the forumComments (15)
Dogfish - 28 Jul 2014 // 22:04:45

For an assesment of Russia's brilliant economic situation, and it's rosy future, go to "Focus Information Agency" under "Opinion". This is an article by another Bulgarian intellectual refugee, Alex Alexiev. He makes his point with figures.....

sa-sha - 28 Jul 2014 // 12:43:30

;-).....and just this time I've made mistake: ~US$600 not per 1m3, but per 1,000 m3, sure.

Naydenov - 28 Jul 2014 // 12:29:07

This is the first time I've ever seen sa-sha post a constructive article that is persuasive and objective. I happen to agree 100% with the article that Ukraine is also a major problem and an unreliable transit country.

sa-sha - 28 Jul 2014 // 11:32:09

And about "Problems for Gazprom", i.e. about South Stream: "What Europe needs is not only diversification of sources of gas; it needs diversification of transit countries, shifting from unreliable countries to reliable ones, even if the alternative routes still run Russian gas". The interesting idea ;-)

sa-sha - 28 Jul 2014 // 11:24:36

"character of the Putin-regime", "The only thing of any value that Russia supplies"...= another portion of delirium or the "sweet couple" in action. Topic is Gas for Bg. So, to hell with the macaca-rhesus Seedy' squealing about "Russian drunks who pretend to be normal human beings" (a macaque-Penseur, isn't that nice;-), to hell with Tsar Putin, but back to GAS: with or without LNG-terminal in Holland or, say, in the same Bulgaria, the price of LNG gas for Bg (when converted to the сubic meters of the natural "pipe gas") won't be less than ~US$600 per 1cubic meter.

Seedy - 27 Jul 2014 // 17:51:33

The only thing of any value that Russia supplies is enough YouTube videos of drunks trying to pretend to be normal human beings to keep the rest of the world laughing through even a Siberian winter. Very little of value has come out of that pitiable and primitive morass since 1917......

Dogfish - 27 Jul 2014 // 15:43:14

As to the character of the Putin-regime: see their own words about "Holy Russia", "Novorossia", gays, and see the media who, with some honourable exceptions, all tell the government's tale, contorted conspiracy theories included.. Last Sunday, I met some Russian students who had exactly the same opinion.

Gas: this is about supply to Bulgaria. But with the quantities of gas going around Europe - and available on the world market, for which Holland is planning a second LNG-terminal - the quantity of gas Bulgaris's mini-economy needs can easily be found.

sa-sha - 27 Jul 2014 // 12:28:20

"Russia comes closes"---another "fasciologist", блядь. To have NO idea about the subject, about the modern Russia and to submit the own - utmost surface - knowledge as the absolute reference.

"gas from Norway and the Netherlands (domestic and LNG)", author:Dog[-doings]fish ---beware of ignoramuses, people. Story is not about Russia, but about Bulgarian demand for gas. Leaving aside the "gas from...Netherland" delirium, You ought to listen, people, to Mr.Helge Lund, the CEO of Norvegian Statoil. So, about "gas from Norway": "We can increase somewhat but we cannot replace Russian gas"/June,17,2014/. Full text:
Once again: beware of erudite fools, people ;-)

Dogfish - 27 Jul 2014 // 11:25:40

Maybe Southstream will be built, but it will function under EU-law, which means the Gazprom won't have control over its use. And Bulgaria's dependence on gas coming through Ukraine is finite - The EU is building interconnections between the East-West pipelines so gas from Norway and the Netherlands (domestic and LNG) can be distributed through all of the EU. Europe has learned from earlier attempts at blackmail by instable and aggressive states.

Dogfish - 27 Jul 2014 // 11:19:22

Of all authoritarian states Russia comes closest to the common description of a Fascist state: the cult of the leader ("Wladimir Wladimirowitch Putin!!!"), emphasis on traditional values like the family, the "nation" and religion, repression of minorities (ethnic and sexual), repression of dissidents and muzzling of the media.

sa-sha - 27 Jul 2014 // 11:11:06

"Fascist States like China and Russia"....!!! ;-)....Seedy, Fascistologist №1 of all times and peoples...

Seedy - 27 Jul 2014 // 09:54:33

You may well be right about Fascist States like China and Russia being the future "big bosses" but what an appalling prospect for mankind! The West was bad enough but the New Order you posit is run by cynical gangsters and thieves who don't even pretend they care about the world or the interests of anyone but themselves; if the assassination of some nobody in a country we'd never heard of was enough to start WW1 then the prospect facing us now looks more than dangerous enough to warrant dusting off the old nukes......

Asian - 27 Jul 2014 // 05:45:08

Frankly that bank run is fake, that's the usual strategy of the bankrupt US operatives to foreign intervension. Well too foolish for Bulgarians to ally with the bankrupts, they are on the way out, the American empire is obviously floundering. Russia & China are the future big bosses. Like the stupid UKrainians, the Bulgarian are in danger of being ruled by stupid leaders. I just pray BOrisov is not as stupid as Poroshenko

Be not mistaken - 26 Jul 2014 // 01:00:22

You worry concerning loyalty of your party to terrorists?
Get down from a needle!

Voice from Ukraine - 25 Jul 2014 // 20:35:02

We are trying to be the reliable partner for Europe. The problem is russian terrorists who are sitting on the pipe. But this dependence from them and their gas is fatal. Today they've occupied our Crimea, tomorrow they may come to your house.

Bulgaria news (Sofia News Agency - 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." (Sofia News Agency - 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