Gazprom abandons Romanias participation in South Stream.

By bne IntelliNews April 12, 2010
Romania will not replace Bulgaria in South-Stream natural gas pipeline project, but it could have a ramification built either through the sea, or from Bulgaria , Gazprom chairman Aleksei Miller recently said, according to RIA Novosti, quoted by HotNews. We recall that Gazproms officials visited Romania earlier this year when the two parties discussed the possibility of partnership in the South-Stream project. The project is initiated by the Italian group ENI and Gazprom to transport gas from Russia to Europe through the Black Sea, avoiding Ukraine . Gazprom announced in a release released in mid-February this year that Romania confirmed its interest in taking part in South Stream and sent the Russian part the data requested, needed to prepare the feasibility study for a possible route the gas pipe could take, namely through Romania.

Related Articles

Romania to spend EUR 37mn in 2013 to close down loss-making coal mines.

Romania's government has earmarked RON 163mn (EUR 37mn) worth of subsidies for 2013 under a programme aimed at closing down the loss-making mines of local company CNH located in the southwestern ... more

Romanias Hidroelectrica sells nearly 0.3TWh of electricity on free market.

Romanian state-controlled hydropower company Hidroelectrica sold on Thursday, March 21, in several separate contracts a total of 0.3TWh of baseload electricity deliverable between April 1 and the ... more

Romania to start privatisation of cargo railway company on April 6-8.

The Romanian government will publish the privatisation call for freight railway company CFR Marfa immediately after the consultants complete their work, probably on April 6-8, Romanian transport ... more

Dismiss