Russia Urges EU to Set High Priority on South Stream

Business » ENERGY | December 22, 2012, Saturday // 18:47| Views: 1208 | Comments: 0
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Bulgaria: Russia Urges EU to Set High Priority on South Stream Russian Foreign Minister Sergey Lavrov. Photo by EPA/BGNES

Russia believes that the South Stream gas pipeline project should be granted a high priority status by the European Union, Russian Foreign Minister Sergey Lavrov has said.

The Russian Foreign Minister has noted that Nord Stream has already been declared as a priority project for the EU, and granting the same status to South Stream was also discussed at the EU-Russia summit.

He has pointed out that the volume of gas to be pumped through South Stream would be larger than that pumped through Nord Stream.

Lavrov has also stated that the provisions of the 3rd Energy Package violate the EU's commitments not to worsen the conditions of business with Russia, Interfax informs.

The construction of European overland section of the Russian-sponsored gas transit pipeline South Stream will start in Bulgaria in June 2013.

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Tags: South stream, Sergey Lavrov, gas pipeline, European Union, Russia, 3rd energy package
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