Slovenia Gives Green Light to Bulgaria-Italy South Stream

Business » ENERGY | November 16, 2009, Monday // 13:19
Slovenia Gives Green Light to Bulgaria-Italy South Stream Construction: Slovenia Gives Green Light to Bulgaria-Italy South Stream The Russian-Slovenian agreement makes it possible to start laying the pipeline section from Bulgaria to Italy, Russia's gas giant Gazprom told Interfax. Photo by BGNES

Russia and Slovenia signed an agreement late Saturday for cooperation on the South Stream natural gas pipeline project allowing the section from Bulgaria to Italy to be started.

The accord was signed by Russian Energy Minister Sergei Shmatko and his Slovenian counterpart Matej Lahovnik, in Moscow.

This final agreement allows the South Stream project to go ahead as Russia has signed other similar deals with Bulgaria, Serbia, Hungary and Greece.

There will be no such agreement with Italy as the latter is the final point of the pipeline's route and an Italian company is to take part in building the pipeline.

The Russian-Slovenian agreement makes it possible to start laying the pipeline section from Bulgaria to Italy, Russia's gas giant Gazprom told Interfax.

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Tags: natural gas pipeline, Italy, Bulgaria, Slovenia, Russia, South stream

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