Enerpub: Bulgaria signs deal on new pipeline to Europe
Bulgaria signs deal on new pipeline to Europe
Bulgaria has signed a deal with Moscow to join a major new pipeline project to bring Russian natural gas to Europe on the second day of a visit that Russian President Vladimir Putin used to lobby hard for the deal. The pipeline would deal a blow to European hopes of reducing dependence on Russia as an energy source amid fears in Brussels that Moscow is acquiring too much economic leverage over EU members. Speaking after the signing in Sofia, Putin said the deal will benefit European consumers by assuring new energy supplies. "I want to particularly stress that the construction of this new infrastructure does not mean a decrease in our cooperation with other transit countries," he said. "The creation of new routes ensures security, increases stability, and creates new transit capabilities for the growing supplies of energy resources to European consumers."
