Bulgargaz Pursues Legal Action Against Gazprom Over Gas Supply Cuts
During a briefing at the Ministry of Energy, it was revealed that Bulgargaz intends to pursue legal action against Gazprom Export, seeking damages amounting to BGN 400 million
The pipes laid within the framework of the South Stream project for the construction of the gas pipeline on the bottom of the Black Sea are in good condition and can be used for the implementation of the Turkish Stream project, announced the Deputy Director for Gas Pipeline Exploitation of Gazprom Sergey Aliev, reported RIA Novosti.
In December 2014, due to the lack of support on the part of the EU, Russia declared that it gives up on South Stream. The pipeline was supposed to pass through Bulgaria, Serbia and Hungary.
“We have to preserve all technological communications, constructions for further exploitation. But the political situation is such that we had to freeze the project. This, however, has in no way affected the viability of the equipment and the communications that have been installed,” added Aliev.
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