Bulgaria offers gas hub to compensate for cancelled South Stream
Bulgaria wants to build a European-scale gas storage facility to replace the cancelled South Stream gas pipeline, and become ‘number one’ in terms of diversification, says Prime Minister Boiko Borisov.
"The European Commission pays for the hub, we construct a distribution center for the energy union in Varna, and become ‘number one’ in terms of diversification," he said.
The construction of storage facilities is in the interests of Bulgaria, Borisov added.
"We have to solve this problem. We offer the European Commission and the whole of Europe a great option of locating the gas hub in Bulgaria, not in Turkey,” he said.
Borisov is also apparently considering supplying gas to Ukraine in case there are problems or crises.
Russia suspended the construction of the South Stream pipeline on December 1 when President Putin was visiting Turkey. The pipeline with the capacity of 63 billion cubic meters was planned to run through Bulgaria, Serbia, Hungary, Austria, Italy and Slovenia.
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- December 11, 2014
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