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    Novinite: 'Gazprom Subsidiary' in Construction of Bulgaria's South Stream

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Summary

Centrgaz is reportedly in position to replace Stroytransgaz as contractor in the Bulgarian section of the South Stream pipeline

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Press Notes

Novinite: 'Gazprom Subsidiary' in Construction of Bulgaria's South Stream

Vedomosti's website reports that Centrgaz, which has not fallen under EU or US sanctions over the Ukraine crisis, has already won the tender for South Stream in Bulgaria's western neighbor Serbia.

Alongside Stroytransgaz, where blacklisted businessman Gennady Timchenko is the major shareholder, Centrgaz is also expected to be among subcontractors in Bulgaria, Vedomosti argues.

The daily alleges that the decision for Serbia is to be officially announced within days, but its sources do not reveal what role might Centrgaz play in Bulgaria.

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