Energy

Turkey approves environmental report for South Stream pipeline

Turkey has given the green light to the Environmental Impact Assessment (ÇED) report for the section of the South Stream Offshore Pipeline that will cross the country.

The Turkish Environment and Urbanization Ministry has approved the ÇED report that oversees the potential impact of the project on nature, a statement released by South Stream has said.

Turkey OKs South Stream Environmental Impact Assessment

Turkey's Ministry of Environment and Urbanization has approved the Environmental Impact Assessment (EIA) report for the offshore section of the South Stream gas pipeline.

The clearance for the offshore stretch of the gas pipeline crossing the Exclusive Economic Zone (EEZ) of Turkey was announced by the South Stream Transport company.

Bulgarian Energy Holding Puts Off Gazprom Loan on South Stream

The Bulgarian Energy holding surprisingly decided to postpone a decision whether to receive a EUR 620 M from Gazprom for the construction of the South Stream pipeline.

BEH had planned to boost the capital of South Stream Bulgaria (a joint venture of the holding and Russian energy concern Gazprom) with the funds.

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