Gazprom

Three-party gas negotiations between Russia, Ukraine, and the European Union will continue on Tuesday in Brussels after the sides failed to reach an agreement on Monday.

The main issues are Ukraine's gas debt and the future prices. Gazprom has warned that if Kiev doesn't repay its USD 5.2B debt, it can stop the delivery.

From Financial Times

Bulgaria's prime minister has halted work on a new Russian-led pipeline that would provide a route around Ukraine for Russian gas into Europe, dealing a setback to Kremlin efforts to strengthen its hold on EU energy supplies.

South Stream "looks irreversible" - Bulgarian minister

BEIJING -- Bulgaria has not given up plans to build the South Stream natural gas pipeline, Energy Minister Dragomir Stoynev was quoted as saying on Monday.

He also described the Gazprom-led project as "irreversible," Reuters reported.

Serbia "must postpone start of South Stream construction"

BELGRADE -- Bulgaria's decision to suspend work to build South Stream at the request of the European Commission means that Serbia will have "postpone the start of works."

This is according to Deputy Prime Minister Zorana Mihajlović.

Prime Minister Plamen Oresharski announced the suspension on Sunday after meeting US senators John McCain, Christopher Murphy and Ron Johnson.

“I have ordered all work to be stopped. We will decide on further developments following consultations with Brussels,” Oresharski told journalists.

Russian officials reacted to the order of Bulgaria's PM Oresharski to temporarily suspend the construction of the South Stream pipeline in Bulgaria until it complies with EU law.

Red Star expelled because of 7.8 millions

The Red Star FC management job to get the license was more complicated than it initially seemed. The mission was almost impossible because of inherrited debts, the Blic learns.

Moscow, Kiev and Brussels will restart talks on Russian gas supplies today to try to resolve a dispute over price, a Russian energy ministry official said June 8.
 

"No plans to delay South Stream" - minister

BELGRADE -- Mining and Energy Minister Aleksandar Antić has said there are "no plans to delay the building of the Serbian leg of the South Stream natural gas pipeline."

US President Barack Obama told Ukrainian President-elect Petro Poroshenko that Washington was "committed to standing behind the Ukrainian people" in the years to come.