EU Still Prefers Nabucco to South Stream
by Xinhua News Agency
January 18, 2008
The European Commission has no
objections to the South Stream gas pipeline, but still considers the Nabucco
project as a higher priority, a commission spokesman was quoted by local press
as saying Friday.
The EC does not oppose the South Stream project, which will create a new gateway
for Russian gas into Europe, according to Ferran Tarradellas, spokesman for
European energy commissioner Andris Piebalgs.
"But we consider Nabucco a priority project, rather than South Stream, because
it will diversify not only the transport routes, but also the supply sources,"
The EC statement came just hours after Bulgaria said it would join the
With Bulgaria so far voicing no opposition to the Nabucco project, which is
widely seen as a rival to the South Stream, there are no reasons to doubt
Bulgaria's commitment to the EU-backed pipeline, he added.
The South Stream proposes to build a pipeline under the Black Sea, which would
go ashore in Bulgaria on its way to its final destination - Italy. Whether it
will do so through Greece, Serbia or Romania, Hungary and Austria, remains to be
Nabucco proposes to take gas from Azerbaijan's Caspian Sea coast via Turkey,
Bulgaria, Romania and Hungary into Austria. But despite years of talks,
negotiations are progressing slowly.
Copyright 2008 XINHUA NEWS AGENCY.
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