South Stream turns to Turkey

Bulgaria and Serbia have asked to revive the Russian project to supply gas to Europe South Stream, closed a few days ago. Such a reaction from the Balkan states was predictable. Bulgaria, for example, would lose from its closure, according to experts, about $750 million per year, which is more than 1% of the country’s GDP.

But it’s too late. Moreover, the question arises: when Brussels obstructed and presented a set of conditions to Russia in connection with the laying of the pipeline in the territory of the Balkan countries, why the Serbs and Bulgarians kept silent? Didn’t they understand how it would end? Well, it ended predictably – Moscow’s patience has run out and it found a more reliable and negotiability partner in Ankara.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer