Romania may replace Bulgaria in S. Stream

Russia’s gas monopoly Gazprom is likely to replace Bulgaria with Romania in the South Stream pipeline network. This may come since Bulgaria halted the other two joint energy projects with Russia.

The change in Gazprom’s policy came after Bulgaria’s Prime Minister Boiko Borisov announced that the country would not move ahead with the Russian-Bulgarian energy projects – Burgas-Alexandroupolis oil pipeline and a nuclear power plant in Belene – stating they are “economically unprofitable and unreasonable.”