SOUTH STREAM CONTINUES

The South Stream project is continuing as planned, an official of the Russian Energy Ministry's pool and gas department said on Monday as reported by Sputnik.

"The work continues as planned, the prospects for the pipeline are not bad, we have agreements with the Serbs, and several other countries," Alexander Gladkov was reported as saying.

Gladkov underlined that many transit countries already renewed their support to the pipeline.

"Note that Bulgaria is not against this pipeline, it simply wants us to agree it with the EU," Markov stressed.

Recently, Serbian Foreign Minister Ivica Dacic and his Hungarian counterpart Peter Szijjarto released a joint comment, saying that Europe has a common interest in building the South Stream gas pipeline.

naturalgaseurope.com