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MOSCOW PRESENTS SOUTH STREAM GAS PIPELINE IN BRUSSELS MAY 25
PanARMENIAN.Net
May 25, 2011 - 10:14 AMT
Russian Energy Minister Sergei Shmatko has said that Moscow wants the
European Union to view the proposed South Stream natural gas pipeline
as a part of its transnational pipelines.
He said he will ask European leaders on Wednesday, May 25, in Brussels
to consider South Stream a continuation of existing networks so
third parties are prohibited from accessing the new pipeline, RIA
Novosti reports.
"We create large trans-border gas pipelines but can't sign long-term
contracts although the Europeans themselves are not against long-term
agreements," he said. "We propose that the EU consider South Stream
as a continuation of our trans-border trunk gas pipelines and ban
the access of third parties to it."
About 80 percent of the Russian natural gas bound for European markets
transits Ukraine.
South Stream is planned to move more than 2 trillion cubic feet of
natural gas to Europe per year after it passes through the Turkish
waters of the Black Sea. Gas flows are expected by 2015.
PanARMENIAN.Net
May 25, 2011 - 10:14 AMT
Russian Energy Minister Sergei Shmatko has said that Moscow wants the
European Union to view the proposed South Stream natural gas pipeline
as a part of its transnational pipelines.
He said he will ask European leaders on Wednesday, May 25, in Brussels
to consider South Stream a continuation of existing networks so
third parties are prohibited from accessing the new pipeline, RIA
Novosti reports.
"We create large trans-border gas pipelines but can't sign long-term
contracts although the Europeans themselves are not against long-term
agreements," he said. "We propose that the EU consider South Stream
as a continuation of our trans-border trunk gas pipelines and ban
the access of third parties to it."
About 80 percent of the Russian natural gas bound for European markets
transits Ukraine.
South Stream is planned to move more than 2 trillion cubic feet of
natural gas to Europe per year after it passes through the Turkish
waters of the Black Sea. Gas flows are expected by 2015.