Eni

'Loan Deal' Also Sealed with Russia on South Stream - Reformists

Bulgaria struck a financial agreement with Russia alongside a secret deal on the construction of South Stream, a Reformist Bloc representative said Friday.

Martin Dimitrov's comments come a day after other bloc members alleged that they had gained access to evidence of a "secret deal" with Gazprom on the South Stream project.

South Stream Project 'Not Frozen' - Parliament Speaker

Bulgarian Parliament Speaker Mihail Mikov argued Prime Minister Oresharski had been misinterpreted when speaking about South Stream.

Mikov told the Bulgarian National Radio the construction of the pipeline had not been halted. He added that Plamen Oresharski could not have stopped the project, as he does not possess the competences to do so with a private company like South Stream.

Macedonia Shrugs Over Halt to South Stream Pipeline

Macedonian industry is not in danger of suffering from a shortage of gas as a result of the halt to construction of the South Stream pipeline in the region, experts say. 

The pipeline, set to transport Russian gas through the Black Sea to Bulgaria and then to Italy and Austria, transiting several Balkan countries, is facing difficulties.

Serbia Stops South Stream Gas Pipeline Too

Serbia has to postpone the South Stream gas pipeline construction works after Bulgaria's decision to suspend work on the project, according to Serbia's Deputy Prime Minister.

In an interview for Serbian newspaper Blic, Zorana Mihajlovic specified that Serbia was to wait for the conclusion of talks between Bulgaria, Russia and the European Commission.

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