Bulgarian Minister: South Stream Gas Pipeline Is Irreversible Project

Bulgarian Economy and Energy Minister Dragomir Stoynev has described the South Stream gas pipeline as an irreversible European project.

Stoynev, who is on a visit to China to attend an investment forum on Central and Eastern Europe, presented comments in response to Sunday's announcement of Prime Minister Plamen Oresharski that Bulgaria was suspending the project until the settlement of the disagreements with the EU on it.

He claimed that the disputes over the Bulgarian section of the South Stream gas pipeline were of a predominantly legal character, adding that EU experts would arrive in Sofia at the end of the week to hold talks on the matter.

Stoynev, as cited by the Bulgarian National Radio, explained that Bulgaria had prepared the initial legal arguments in response to the letter of the European Commission as regards the organization of the tender, the intergovernmental agreement and the statute of the South Stream company.

He emphasized that nobody was questioning the implementation of the South Stream gas pipeline any longer and the necessity to build it and assured that Bulgaria had also not given it up.

Bulgaria's Minister of Economy and Energy noted that he had moved the project to a new stage of development in his one year in office, stressing that the necessity to build it was no longer being questioned.

He boasted that his efforts on an EU scale had contributed to the creation of a consolidated pro-South Stream stance of the Energy Ministries of the countries hosting the pipe, including Hungary, Austria, Croatia, Slovenia, and Italy.

"We shall reaffirm this stance during the Energy Council in Luxembourg at the end of the week. This stance required Commissioner Oettinger to negotiate with the Russian side...