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The construction of Balkan Stream is over, there is no diversification for Bulgaria

In this industry, connecting two pipes that come from two different countries is called a golden connection. When it comes to the golden link, it means the project is nearing completion and gas supplies will begin soon, explained Ferenc Szabolcs, chairman of the FGSZ board.

Serbiagas general manager Dusan Bayatovic said it had put an end to years of efforts to finally resolve the issue of gas supplies from another source, not just Ukraine, BGNES reported.

Bulgaria has invested between BGN 2 and 3 billion for the construction of its part of Balkan Stream. The gas that will pass through it will be almost entirely Russian, which means that its role in diversifying energy sources for our country will be virtually zero. The servicing of the loans taken for the construction of the pipeline on Bulgarian territory will weigh on the Bulgarian taxpayers for many years. In addition, the pipeline will be used only for gas transit from Turkey to Serbia, but not for gas supply to customers in northwestern Bulgaria.

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