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    Deutsche Welle: Strife over South Stream

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Summary

Bulgaria has yielded to pressure from Europe and indefinitely halted work on the Russian gasline project South Stream.

by: Sruthi

Posted in:

Press Notes

Deutsche Welle: Strife over South Stream

Bulgaria is in the midst of a political quagmire. The opposition in parliament has repeatedly pushed for votes of no confidence and next week a date will be set for early parliamentary elections.

Experts believe the current problems of the socialist-dominated government stem from the South Stream gasline project. Public sentiment in Bulgaria is that politicians have caved to western pressure and sacrificed a project that could be very lucrative for the country.

The European Commission has said the gasline project may break EU competition rules and filed a criminal case against Bulgaria last week. Sofia reacted by halting work on the pipeline for now.

The Russian gas giant Gazprom controls 50 percent of the entire planned South Stream network, including all of the pipeline in Bulgaria. This violates Europe's so-called Third Energy Package, which emphasizes the need to decouple the production of natural gas from transport and consumer supply so as not to distort competition.
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