South Stream Construction Continuing as Planned: Russian Energy Ministry

© Sputnik / Sergey Guneev / Go to the mediabankThe construction work on the South Stream gas pipeline is continuing as planned, Head of the Russian Energy Ministry's oil and gas production and transportation department Alexander Gladkov stated Monday.
The construction work on the South Stream gas pipeline is continuing as planned, Head of the Russian Energy Ministry's oil and gas production and transportation department Alexander Gladkov stated Monday. - Sputnik International
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Bulgaria remains the only country that has suspended its participation in the construction of the South Stream gas pipeline.

MOSCOW, November 24 (Sputnik) — The construction work on the South Stream gas pipeline is continuing as planned, Head of the Russian Energy Ministry's oil and gas production and transportation department Alexander Gladkov stated Monday.

"The work continues as planned, the prospects for the pipeline are not bad, we have agreements with the Serbs, and several other countries," Gladkov said at a press conference at Rossiya Segodnya International Information Agency.

Gazprom's Head of relations with Russian authorities Vladimir Markov confirmed that the South Stream construction is being carried out with minimal delays. He noted that Bulgaria remains the only country that has decided to suspend its participation in the project.

Moscow hopes that work on the South Stream gas pipeline will continue after elections are over in Bulgaria and the European Union renews the European Commission. - Sputnik International
Moscow Hopes Bulgaria to Continue South Stream Project After Polls: Diplomat
"Note that Bulgaria is not against this pipeline, it simply wants us to agree it with the EU," Markov stressed.

Russian energy giant Gazprom started building the South Stream gas pipeline across the Black Sea in 2012 in order to reduce the unreliable passage of Russian natural gas to central and southern Europe through Ukraine. The pipeline is expected to be fully operational by 2018.

Brussels has long been trying to hamper the project, saying it violates the European Union’s Third Energy Package, which stipulates that pipelines in its member countries cannot belong to natural gas producers. Moscow insists that the construction of the pipeline does not contradict the regulations in any way.

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