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South Stream flip flop. Bulgaria will issue all the permissions required for starting South Stream construction

Remember this Friends episode? “I Love Ross, I hate Ross.”

I love South Stream.

I hate South Stream.

I love South Stream.

I hate South Stream.

Will Bulgaria and the E.U. make up its freakin mind.

Via ITAR TASS News Agency:

“I have received the full support and understanding of the European Council. Bulgaria should not be held responsible and pay the fines for the project’s termination,” the BNGES news agency quotes Borisov as saying.

The Bulgarian prime minister went to Brussels to discuss with his counterparts further action regarding the South Stream project, abandoned by Russia.

“The answer to my question about South Stream was unequivocal — go ahead with implementing the inter-governmental agreements in order to avoid litigations and penalties and fines that may follow, the way it happened to the Belene nuclear power plant project. From this moment on all other liabilities are the liabilities of the European Union,” Borisov said. “Our country is obliged to stand by its obligations to prepare for construction work, in particular, for the seabed stretch of the pipeline and issue the required permissions,” Borisov said, adding he would now be waiting for a reaction from Gazprom.

“If Gazprom terminates the project despite the permissions issued by Bulgaria, it will be its fault, not Bulgaria’s,” Borisov said. 

Russian Energy Minister Alexander Novak and head of Bulgaria’s Energy Minister Temenuzhka Petkova, according to the Bulgarian Energy Ministry’s statement, are to hold telephone negotiations over South Stream later on Friday. It is expected that the two ministers may agree on a date of their personal meeting.

Just so we all understand the logic at play…

E.U. officials are now telling Bulgaria to build South Stream (after they strong armed Bulgaria to stone wall and sabotage the project) just so they can now blame Russia for not building the pipeline. Speechless!!!

References:

http://itar-tass.com/en/economy/768044

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