No matter how interested Bulgaria is in pursuing the South Stream project, the outcome looks bleak, Stratfor writes in an analysis of Russian gas infrastructure plans. There are certainly reasons Bulgaria and Russia might choose to return to South Stream.Firstly, Sofia “has remained open to the pipeline proposal”, and secondly it has clearly stated its ambition to establish itself as a natural gas hub for Southeast Europe.Stratfor recalls the December 11 meeting between Bulgaria’s PM Boyko Borisov and his German counterpart Chancellor Angela Merkel and the EU Commission’s subsequent agreement that a working group should be set up to support …read more
Source: Novinite