"Early to speculate about South Stream route changes"

It is early to speculate about any potential new routes for the South Stream gas pipeline, Tanjug has learned from the Russian energy giant Gazprom.

Izvor: Tanjug

Friday, 22.08.2014.

15:57

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"Early to speculate about South Stream route changes"

It is early to speculate on potential new routes of the South Stream because discussions on regulatory issues related to the project at various local and European levels are still under way, the sources at Gazprom said when asked if the South Stream could bypass Serbia.

South Stream Ltd. is overseeing the construction of the Serbian stretch of the gas pipeline, and preparations for the construction are proceeding according to plan, the sources said.

The South Stream route was selected after several years of detailed geological, geophysical and economic research. The selected route has proved to be the most sustainable according to commercial, environmental, socio-economic and technical criteria, the sources said.

Some Serbian media have quoted the Russian Internet portal Vzglyad as reporting that the South Stream pipeline could run via Turkey and Greece en route to Italy and Austria - rather than through Bulgaria and Serbia - after the Bulgarian Ministry of Economy and Energy decided on Monday to suspend all works on the project until it is in full compliance with European regulations.

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