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    Reuters: Bulgaria, Russia to decide on S.Stream gas link by Nov

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Summary

Final decision on Bulgarian stretch due by November. Sofia seeks discount on gas prices from Gazprom. Bulgaria to hold talks on new supply deal from 2013

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Press Notes

Reuters: Bulgaria, Russia to decide on S.Stream gas link by Nov

Sofia and Moscow will seek to speed up work on the Russian-backed South Stream gas pipeline and make a final investment decision for the Bulgarian stretch by November, Bulgarian Energy Minister Traicho Traikov said on Wednesday.

Russian gas export monopoly Gazprom said in January it has pushed forward the start of construction of the pipeline, designed to bypass neighbouring Ukraine, through which Russian natural gas is now piped to Europe. 

"Our common goal is to finalise preparatory work so, by November, to be able to take a final investment decision on the Bulgarian stretch," he told reporters after meeting Gazprom Chief Executive Alexei Miller.

Miller declined to comment after the meeting.  MORE