Électricité de France

Bulgaria's Regional Development Ministry has launched a tender for the assignment of a public procurement related to the Bulgarian section of the offshore section of the South Stream gas pipeline.

Russia: Future gas route "must go via Serbia"

BELGRADE -- Russia thinks that a future route for supply of Europe with natural gas "must go via Serbia," Ambassador Aleksandr Chepurin has said.

This will happen when Moscow, in four years' time, abandons transits through Ukraine and turns to Turkey, and Nord Stream.

Russia urges Balkan countries "to quickly decide"

BELGRADE -- Balkan countries should decide in the next few months on how to get their gas once the agreement on transport of Russian gas via Ukraine expires in four years.

This is what Russian Ambassador Aleksandr Chepurin told a conference in Belgrade on Monday.

BELGRADE - The Balkan countries should decide in the next few months on the manner in which to maintain the gas supply once the agreement on transport of Russian gas via Ukraine expires in four years, Russian Ambassador to Serbia Aleksandar Chepurin said on Monday.

The Board of Directors of Gazprom has approved a capital increase of EUR 569.4 M for South Stream Transport B.V.

A total of EUR 109.7 M were included in its capital in the final quarter of 2014 and a total of EUR 459.7 M is to be included in its capital in the first quarter of 2015, according to a media statement of Gazprom, as cited by the TASS news agency.

Turkey has replaced Ukraine since Russia declared the suspension of the long-planned South Stream project in early December 2014. In other words: Russia is going to build a new pipeline via Turkey, called the ?Turkish Stream,? which will transport Russian gas to Europe via Turkey instead of Ukraine.

Orban and Putin agree to extend gas contract

BUDAPEST -- Russian President Vladimir Putin has said that it was important to continue negotiations and cooperation with Turkey over gas supply routes.

Russia might direct a new pipe to Bulgaria functioning as a ramification of its planned gas pipeline to Turkey, President Vladimir Putin has hinted.

Speaking at a press conference after his meeting with Hungarian officials on Tuesday, he added such a project might be carried out if it could rely on EU funding.

Russian President Vladimir Putin caused a shockwave around the world, specifically in Europe, when he declared the suspension of the long-planned South Stream project during his visit to Istanbul in early December 2014. He pulled another rabbit out of his hat with his next statement: ?We will build a new pipeline via Turkey instead.?

SOFIA - Bulgaria and Greece have agreed to take a final investment decision by the end of May to pave the way for a gas pipeline aimed at reducing Sofia's dependence on Russian gas, Bulgaria's energy minister said on Thursday.