Energy in Slovenia

Turkish Stream Could Suffer Delays, Russia Energy Min Admits

Russian Energy Minister Alexander Novak has said construction of the so-called Turkish Stream gas pipeline might begin later than planned.

There is a risk not to start building the pipeline's first section on schedule the intergovernmental agreement is not signed in time, Novak is quoted by RIA Novosti as saying.

Greek minister: 200 mln euros a year from (projected future) gas pipeline; experts wary

State Minister Alekos Flambouraris confirmed the intent of advance payments of profits — by Russia — from the creation of a new gas pipeline, estimating that its construction would bring more than 200 million a year in profits to the Greek state.


Gazprom Paid USD 1 B to Eni, EDF, Wintershall for 50% Stake in South Stream

Gazprom has paid a total of RUB 56.12 B (around USD 1 B) to the European partners in South Stream Transport BV, Eni, EDF, Wintershall, for their stakes in the South Stream gas pipeline.

According to reports of the Russian energy giant, as cited by Interfax, it bought the shares in the consortium of Germany's Wintershall, Italy's ENI, and France's EDF.

Bulgaria to Send Delegation to Russia on South Stream – Minister

A Bulgarian delegation will visit Moscow end of this week to discuss the South Stream gas pipeline project, Bulgaria's Economy Minister Bozhidar Lukarski told journalists in Belgrade.

He is part of the Bulgarian delegation to the economic summit of Central and South Eastern European countries and China in the Serbian capital.

Russia’s Gazprom to set up new company for gas pipeline to Turkey

Russian state gas company Gazprom said Dec. 8 it would set up a company to build a gas pipeline to Turkey, days after President Vladimir Putin announced the new project.

“The company will be registered in St. Petersburg ... [it] is called Gazprom Russkaya,” Gazprom spokesman Sergei Kuprianov said in a statement.

Russian Energy Minister: Decision to Drop South Stream Is Final

Russian Energy Minister Alexander Novak has said that the decision to stop the construction of the South Stream gas pipeline is final.

"In my opinion, the decision which has been taken is final. We are now committed to building the pipeline with a different route," he stated, as cited by ITAR-TASS and the BGNES news agency.

Serbia: Gazprom Has Not Announced Plans to Scrap South Stream

Serbia has not been officially informed by Gazprom about any change to the project for the construction of the South Stream gas pipeline, according to Energy Minister Alexander Antic.

Antic's response to the announcement of Russian President Vladimir Putin about the suspension of the South Stream gas pipeline was cited by Russian media outlets.