Putin says once invited ex-German Chancellor Schroeder to banya and it burnt to ground
Hollande promises to discuss situation around Mistrals with Putin in Armenia
Accusations of Maidan killings lifted from Yanukovich’s chief of staff
Obama says he is surprised Russia did not resume S-300 supplies to Iran earlier
Moscow sees US troops in Ukraine as step one to supplies of US weapons
Ukraine’s Kharkov region to build three lines of defenceWorld April 19, 18:49
Hollande promises to discuss situation around Mistrals with Putin in ArmeniaWorld April 19, 17:11
Norway wants Moscow’s explanations after Russian vice-premier’s visit to SpitsbergenWorld April 19, 13:56
Russia needs to gain strong foothold in Arctic — RogozinRussia April 19, 8:18
World Economic Forum for East Asia opens in IndonesiaWorld April 19, 3:13
Russia launches North Pole-2015 drifting Arctic stationRussia April 19, 2:33
Deal with Russia not to resolve Greece economy troubles - Germany’s finance ministerWorld April 19, 2:11
Accusations of Maidan killings lifted from Yanukovich’s chief of staffWorld April 19, 2:03
No agreement with Greece on 3-5bln euro pre-payment - Putin’s spokesmanWorld April 18, 19:40
Earlier, Bulgaria said work on the land section of the pipeline was suspended.
“The Bulgaria issue is of a working nature, it is being discussed, resolved between companies who established a joint venture company on the project and are conducting further operations to choose contractors,” Novak said.
He added that he hoped “everything will be okay and the project will be implemented in strict accordance with the schedule.”
On June 2, the EU’s executive body, the European Commission, voiced its intention to suspend implementation of the South Stream project in EU countries, first of all in Bulgaria. European Energy Commissioner Guenther Oettinger’s spokesperson Sabine Berger said the EC gave two legal grounds for such a step.
First, she said, the EC has problems about whether the project conforms to the norms of the EU’s Third Energy Package. Besides, Brussels suspected Sofia of violating European regulations to hold tenders for construction of infrastructure projects and of granting privileged opportunities to Russian and Bulgarian companies.
Russian state energy giant Gazprom is implementing the South Stream project to diversify deliveries of natural gas to Europe bypassing Ukraine and reduce dependence on transit countries.
The South Stream Transport B.V. company is an international joint venture organized to carry out planning, construction and subsequent operation of the gas pipeline that will be laid through the Black Sea to Bulgaria and on to Italy and Austria.
Gazprom’s share in the joint venture totals 50%, Italy’s Eni holds 20%, France’s EDF and Germany’s Wintershall Holding GmbH hold 15% each.
The sea section of South Stream will run along the bottom of the Black Sea from the Russkaya compressor plant on the Russian coast to Bulgaria’s coast. The overall length of the sea section will total over 900 kilometers (560 miles), the maximum depth will exceed 2 kilometers and the annual design capacity is 63 billion cubic meters.
The first supplies of gas via the gas pipeline are due in late 2015.