Putin Demands from Bulgaria 'Rock-Solid Guarantee' for South Stream

Business » ENERGY | August 9, 2016, Tuesday // 20:19
Bulgaria: Putin Demands from Bulgaria 'Rock-Solid Guarantee' for South Stream File photo, EPA/BGNES

Russian President Vladimir has required a "rock-solid guarantee" that South Stream, if continued, would be carried through.

At a press conference on the occasion of talks with Turkish counterpart Recep Tayyip Erdogan, Putin has made clear the two countries would go on with Turkish Stream gas pipeline, which was announced as an alternative to South Stream at the end of 2014.

"We never politicize issues of economic cooperation," Putin has told the media, amid efforts to renew energy cooperation with Russia from the Bulgarian side

"We see that the Bulgarian side would like to return to this project... But intentions alone are not enough," the Russian head of state has said.

Due to the moves by the EU Commission to pressure Bulgaria into blocking the construction Russia "suffered certain losses" and now needs "rock-solid legal guarantees... They are not present, though."

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Energy » Be a reporter: Write and send your article
Tags: Russia, Turkish Stream, South stream, Vladimir Putin, Recep Tayyip Erdogan, Bulgaria, turkey
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
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