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Svobodata - Bulgaria | Saturday, September 1, 2012

Bulgaria is Russia's Trojan donkey

Bulgaria and Russia have stepped up negotiations over the South Stream gas pipeline, which is to transport Russian gas across the Black sea via Bulgaria to Italy and Austria. The two countries intend to have the contracts on the project signed by mid-November, Bulgarian government officials announced on Wednesday. The opinion portal Svobodata warns that this could extend Russia's energy monopoly in Bulgaria: "Neftochim, the sole oil refinery in the country, is in Russian hands. We get our oil exclusively from Russia, and a large percentage of petrol stations belong to Lukoil. The fuel rods for Kozloduy Nuclear Power Plant also come from Russia. ... The worst thing, however, is that we have kissed goodbye to the Nabucco pipeline project [from Turkey to Austria], which represented the biggest competition to South Stream. In this way we are shamefully undermining Europe's plans for diversifying its energy supplies. This shows that we continue to be Russia's Trojan horse in the EU - or rather Russia's Trojan donkey."

» To the complete press review of Monday, September 3, 2012

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