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Austria jumps in on South Stream project 
Russia’s Gazprom revives plans to build South Stream to Austria
Russia’s Gazprom revives plans to build South Stream to Austria
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KoTeMoRe
Viktor
magnumcromagnon
TheArmenian
mutantsushi
George1
Hannibal Barca
macedonian
flamming_python
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TR1
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etaepsilonk
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zino
23 posters
South Stream pipeline: News
Viktor- Posts : 5796
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Join date : 2009-08-25
Age : 44
Location : Croatia
Viktor- Posts : 5796
Points : 6429
Join date : 2009-08-25
Age : 44
Location : Croatia
EU in generally will depend on Russia even more and no one but Russia can provide so much
UK to run out of oil, gas and coal in five years – report
UK to run out of oil, gas and coal in five years – report
zino- Posts : 118
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Join date : 2013-11-21
Location : Northern Italy Autonomous Okrug
Probably already posted in others threads but:
EU demands that Bulgaria suspend South Stream works
http://en.itar-tass.com/economy/734453
Russia’s lawsuit with WTO disrupted South Stream group’s work
http://en.itar-tass.com/economy/734593
I'm too tired to comment on. Feel free to contribute.
EU demands that Bulgaria suspend South Stream works
http://en.itar-tass.com/economy/734453
Russia’s lawsuit with WTO disrupted South Stream group’s work
http://en.itar-tass.com/economy/734593
I'm too tired to comment on. Feel free to contribute.
magnumcromagnon- Posts : 8138
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zino wrote:Probably already posted in others threads but:
EU demands that Bulgaria suspend South Stream works
http://en.itar-tass.com/economy/734453
Russia’s lawsuit with WTO disrupted South Stream group’s work
http://en.itar-tass.com/economy/734593
I'm too tired to comment on. Feel free to contribute.
...LOL more evidence that the European Unionastan is just another puppet state of NATO.
Viktor- Posts : 5796
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Bulgaria has fallen to McCain
Bulgarian Prime Minister ordered to suspend work on the "South Stream"
Bulgarian Prime Minister ordered to suspend work on the "South Stream"
He made this statement after a meeting with a delegation of U.S. senators, among whom was John McCain. U.S. senators visited Bulgaria this weekend as part of a tour of Eastern Europe.
macedonian- Posts : 1067
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Viktor wrote:Bulgaria has fallen to McCain
Bulgarian Prime Minister ordered to suspend work on the "South Stream"
He made this statement after a meeting with a delegation of U.S. senators, among whom was John McCain. U.S. senators visited Bulgaria this weekend as part of a tour of Eastern Europe.
Yep, Bulgarian media confirms it here.
Two interesting comments (in Russian) at the bottom of that article I've linked.
Hannibal Barca- Posts : 1457
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Of course the stream will resume but this doesn't alter the really irritating news for the time being.
But let me think positive, I hope soon will not have to go any Slavic girls for stupid western like clubbing again I much more prefer violins and clarinets
But let me think positive, I hope soon will not have to go any Slavic girls for stupid western like clubbing again I much more prefer violins and clarinets
George1- Posts : 18524
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South Stream's future depends on Russia-EU agreements, not on Serbia - PM
The future of the South Stream gas pipeline depends not on Serbia but on agreements between Russia and the European Union, Serbian Prime Minister Aleksandar Vucic said at a joint news conference with German Chancellor Angela Merkel in Berlin on Wednesday, June 11.
When asked whether Serbia would continue the construction of the pipeline on its territory, Vucic said it would take time to assess the feasibility of the project, TASS reports.
"It does not depend on us, but rather on an agreement between Russia and the EU. We have an agreement and a pre-contract signed. Gazprom is the majority owner of NIS, and Serbia is in a specific position. We will look to protect Serbian interests, but it also depends on the interests of Europe. You cannot skip EU countries to reach Serbia," TANJUG news agency quoted Vucic as saying.
On Monday, June 9, Vucic said the Serbian government had not yet made its decision on South Stream. The statement followed his Deputy Zorana Mihajlovic’s remarks that Serbia had to suspend the project following Bulgaria’s decision to put it on hold.
Read more: http://voiceofrussia.com/news/2014_06_11/South-Streams-future-depends-on-Russia-EU-agreements-not-on-Serbia-PM-8047/
The future of the South Stream gas pipeline depends not on Serbia but on agreements between Russia and the European Union, Serbian Prime Minister Aleksandar Vucic said at a joint news conference with German Chancellor Angela Merkel in Berlin on Wednesday, June 11.
When asked whether Serbia would continue the construction of the pipeline on its territory, Vucic said it would take time to assess the feasibility of the project, TASS reports.
"It does not depend on us, but rather on an agreement between Russia and the EU. We have an agreement and a pre-contract signed. Gazprom is the majority owner of NIS, and Serbia is in a specific position. We will look to protect Serbian interests, but it also depends on the interests of Europe. You cannot skip EU countries to reach Serbia," TANJUG news agency quoted Vucic as saying.
On Monday, June 9, Vucic said the Serbian government had not yet made its decision on South Stream. The statement followed his Deputy Zorana Mihajlovic’s remarks that Serbia had to suspend the project following Bulgaria’s decision to put it on hold.
Read more: http://voiceofrussia.com/news/2014_06_11/South-Streams-future-depends-on-Russia-EU-agreements-not-on-Serbia-PM-8047/
Viktor- Posts : 5796
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Link is in Croatian (use google translator) but very interesting. It is said that Gazprom is thinking about financing South Stream on they own without anyone and by doing so
would remove the pressure from European Commision. Now in the article it is not explained why would that remove pressure from EC so if anyone has knowledge about it - please share.
LINK
Also one Croatian portal about bussines claimes that in case Gazprom decided to build South Stream over Crimea its price could be reduced to mere 4.8 bin $. (not sure how reliable they are)
LINK
As I read, price could be reduced great deal because as things are now pipeline needs to pass throw depest parts of Black Sea (2.5km) and by going over Crimea (cheapest way by far)
price would be reduced by great deal (but did not managed to find by how much). Now if Gazprom decided to go with partners than South Stream route will not change meaning original
price will stay in force because contracts have being signed already and it would be extremely time consuming to change them but in case Gazprom decided to go on they own and
than they could quickly re-project the whole project and make it pass throw Crimea reducing price in the process too by great deal.
Great read about Nabucco
Nabucco: How the pipeline became a pipedream
would remove the pressure from European Commision. Now in the article it is not explained why would that remove pressure from EC so if anyone has knowledge about it - please share.
LINK
Also one Croatian portal about bussines claimes that in case Gazprom decided to build South Stream over Crimea its price could be reduced to mere 4.8 bin $. (not sure how reliable they are)
LINK
As I read, price could be reduced great deal because as things are now pipeline needs to pass throw depest parts of Black Sea (2.5km) and by going over Crimea (cheapest way by far)
price would be reduced by great deal (but did not managed to find by how much). Now if Gazprom decided to go with partners than South Stream route will not change meaning original
price will stay in force because contracts have being signed already and it would be extremely time consuming to change them but in case Gazprom decided to go on they own and
than they could quickly re-project the whole project and make it pass throw Crimea reducing price in the process too by great deal.
Great read about Nabucco
Nabucco: How the pipeline became a pipedream
mutantsushi- Posts : 283
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Not an expert, but I think they could very well keep the same partnership structure, but choose a cheaper route, "returning" the difference to ALL partners, via an additional/auxilliary contract. The /direct/ shortest route from Crimea seems like it would pass thru Romanian EEZ which would problematize the project by introducing a further transit country (that is NATO-Atlanticist), but passing more southernly thru the NW corner of Turkish EEZ before entering Bulgarian EEZ would seem to allow the previous agreement with Turkey to still apply, while being significantly cheaper in construction.
TheArmenian- Posts : 1880
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South Stream will be through Novorossiya directly into Europe 
Viktor- Posts : 5796
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Interesting. EU will ask Russia to respect its 3rd energy package laws and than offer to execpt South Stream from that laws - I guess they are really worried by that WTO lawsuit 
EU called the condition of resuming construction of the "South Stream"
EU called the condition of resuming construction of the "South Stream"
zino- Posts : 118
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Viktor wrote:Interesting. EU will ask Russia to respect its 3rd energy package laws and than offer to execpt South Stream from that laws - I guess they are really worried by that WTO lawsuit
EU called the condition of resuming construction of the "South Stream"
Perhaps is relatad to double standards between TANAP and South Stream.
(not sure if already posted. If so sorry about that)
http://www.todayszaman.com/news-350096-south-stream-and-tap-by-demostenes-floros-.html
By the way, who's Oettinger? Sometimes he seems delusional
http://wbponline.com/Articles/View/31156/eu-s-oettinger-greece-peanuts-compared-to-ukraine
Viktor- Posts : 5796
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More talks about the exception
OMV: "South Stream" could be an exception to the EU requirements for pipelines
OMV: "South Stream" could be an exception to the EU requirements for pipelines
magnumcromagnon- Posts : 8138
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Austria and Russia sign South Stream gas pipeline treaty
Russia and Austria have agreed on a joint company to construct the Austrian arm of the $45 billion South Stream gas pipeline project, which is expected to deliver 32 billion cubic meters of Russian gas to the country, bypassing Ukraine.
In April, Gazprom and the OMV Group signed a memorandum to implement the South Stream project in Austria.
“So far [Austria, Ed,] takes a very clear position, avoiding pressure from the European Commission and in general, public opinion in Europe that wants to halt or even stop the project. At the same time it [Austria, Ed] has enough political clout to promote this project. It’s not Bulgaria, which on its own cannot defend itself,” Fyodor Lukyanov chairman of Russia’s Council on Foreign and Defense Policy said, as quoted by RIA Novosti.
There has been controversy over South Stream, as is it needs EU approval so that it doesn’t violate Europe’s ‘Third Energy Package’, which says a company cannot both own and operate pipelines within the European Union.
Bulgaria and Serbia, countries nearly 100 percent dependent on Russian gas, have faced pressure from the EU to halt construction.
Ahead of Putin’s visit to Vienna, Austrian ministers said they remained committed to Russia’s South Stream project and that they plan to speed it up.
The geopolitical conflict in Ukraine has also complicated the South Stream project, as EU energy lobbying groups are campaigning against the project, to lessen Europe’s dependence on Russia.
South Stream will deliver gas to Europe bypassing Ukraine, which is seen as an unreliable transit state.
The 2,446 km pipeline will stretch across southern and central Europe, with the first section expected to open in 2015, and be fully operational between 2018-2019. The natural gas pipeline network will transport over 64 billion cubic meters of natural gas to Europe per year.
Gazprom has said the project, estimated to cost $45 billion, can be completed without any funding from international partners.
Gazprom is Russia’s largest producer of natural gas and provides roughly one third of Europe’s gas needs.
The head of the Russian Duma's International Affairs Committee, Aleksey Puskhov, wrote on Twitter on Tuesday that “Ukraine is in a long-term phase of unpredictability. Thus, South Stream is the only guarantee of uninterrupted gas supply to Europe."
http://rt.com/business/168044-austria-russia-south-stream/
Viktor- Posts : 5796
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EU heavy weights are thrown in the fight - Italy and Austria
Italy promises to facilitate South Stream project implementation
Serbia making its comeback
Serbia’s South Stream section will be built on schedule — Russian diplomat
Italy promises to facilitate South Stream project implementation
Serbia making its comeback
Serbia’s South Stream section will be built on schedule — Russian diplomat
George1- Posts : 18524
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Attempts to Block South Stream Interfere with EU Interests – Russian Ambassador to Italy
MOSCOW, July 28 (RIA Novosti) – Any attempts to block the South Stream gas pipeline project could jeopardize the economic interests of EU member countries, Russia’s Ambassador to Italy Sergei Razov told the Rossiya Segodnya international news agency Monday.
"We believe that the legal basis [for the South Stream project] has been already established and the project can be implemented in any case. Attempts to block it come across as interfering in national jurisdiction and the economic interests of EU member states,” the diplomat said.
The construction of the South Stream pipeline is in the best interests of Southeast and Southern Europe, Razov noted.
The Russian ambassador argued recent statements by the European Commission saying South Stream is subject to the EU's Third Energy Package are illogical. By making available, in accordance with EU laws, 50 percent of pipeline capacities for other gas suppliers, the EU would deprive consumers of half of Russian gas supplies.
“It will destroy all cost-effectiveness and investments payback period guidelines, on which bank lending depends," the diplomat said.
The South Stream pipeline, expected to carry Russian gas across the Black Sea to Southern and Central European countries, is aimed at diversifying export routes for Russian gas.
The project stalled when the European Commission expressed concern that Russia’s bilateral agreements with European transit countries, namely Austria, Bulgaria, Hungary and Slovenia, violate the EU Third Energy Package. According to these legislative proposals, the pipelines in the EU cannot belong to the natural gas extractors.
South Stream construction began in late 2012, with the first deliveries expected in 2016. The pipeline is to become fully operational in 2018.
MOSCOW, July 28 (RIA Novosti) – Any attempts to block the South Stream gas pipeline project could jeopardize the economic interests of EU member countries, Russia’s Ambassador to Italy Sergei Razov told the Rossiya Segodnya international news agency Monday.
"We believe that the legal basis [for the South Stream project] has been already established and the project can be implemented in any case. Attempts to block it come across as interfering in national jurisdiction and the economic interests of EU member states,” the diplomat said.
The construction of the South Stream pipeline is in the best interests of Southeast and Southern Europe, Razov noted.
The Russian ambassador argued recent statements by the European Commission saying South Stream is subject to the EU's Third Energy Package are illogical. By making available, in accordance with EU laws, 50 percent of pipeline capacities for other gas suppliers, the EU would deprive consumers of half of Russian gas supplies.
“It will destroy all cost-effectiveness and investments payback period guidelines, on which bank lending depends," the diplomat said.
The South Stream pipeline, expected to carry Russian gas across the Black Sea to Southern and Central European countries, is aimed at diversifying export routes for Russian gas.
The project stalled when the European Commission expressed concern that Russia’s bilateral agreements with European transit countries, namely Austria, Bulgaria, Hungary and Slovenia, violate the EU Third Energy Package. According to these legislative proposals, the pipelines in the EU cannot belong to the natural gas extractors.
South Stream construction began in late 2012, with the first deliveries expected in 2016. The pipeline is to become fully operational in 2018.
George1- Posts : 18524
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South Stream not to affect Black Sea environment — operator
MOSCOW, July 29. /ITAR-TASS/. Construction and use of South Stream pipeline sea part will not considerably affect Black Sea and Bulgarian coast environment, said operator of the pipeline’s sea section South Stream Transport.
The company evaluated the project’s environmental and social impact in cooperation with experts from URS Infrastructure and Environment UK Limited.
Turkish environmental ministry earlier approved the report on environmental impact on the pipeline’s sea section to cross Turkey’s economic zone that confirmed the project would not harm sea ecology and fishing in the Turkish sector.
South Stream system is aimed to increase reliability of Russian natural gas supplies to Central and Southeastern Europe as it is a new transportation route providing new supply capacities. The 931-kilometer long sea section will be laid from Russia’s Black Sea coast near the city of Anapa through Turkey’s exclusive economic zone in the Black Sea to Bulgaria’s coast near the city of Varna.
South Stream Transport B.V. is an international joint venture set up to plan, construct and use a gas pipeline on Black Sea bed. Russian monopoly gas exporter Gazprom holds 50% of the JV sharing it with the Italian company Eni (20%), French EDF and German Wintershall (15% each).
MOSCOW, July 29. /ITAR-TASS/. Construction and use of South Stream pipeline sea part will not considerably affect Black Sea and Bulgarian coast environment, said operator of the pipeline’s sea section South Stream Transport.
The company evaluated the project’s environmental and social impact in cooperation with experts from URS Infrastructure and Environment UK Limited.
Turkish environmental ministry earlier approved the report on environmental impact on the pipeline’s sea section to cross Turkey’s economic zone that confirmed the project would not harm sea ecology and fishing in the Turkish sector.
South Stream system is aimed to increase reliability of Russian natural gas supplies to Central and Southeastern Europe as it is a new transportation route providing new supply capacities. The 931-kilometer long sea section will be laid from Russia’s Black Sea coast near the city of Anapa through Turkey’s exclusive economic zone in the Black Sea to Bulgaria’s coast near the city of Varna.
South Stream Transport B.V. is an international joint venture set up to plan, construct and use a gas pipeline on Black Sea bed. Russian monopoly gas exporter Gazprom holds 50% of the JV sharing it with the Italian company Eni (20%), French EDF and German Wintershall (15% each).
George1- Posts : 18524
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South Stream in Serbia to be completed on time — Srbijagas CEO
Viktor- Posts : 5796
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Russia saved their ass more than once throw out history and now they behave like swamp creatures
Bulgaria has suspended all activities of the project "South Stream"
Bulgaria has suspended all activities of the project "South Stream"
Hannibal Barca- Posts : 1457
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You can't imagine the level of pressure. The pariahs who lose the war come and threaten you like mafia. For your very own existence if it is needed.
Bulgarians move back and forth and this is frustrating but others like the Greeks compromised outright. Bulgarians will carry the job through but not without hesitation.
After all if EU is not destroyed the countries inside will remain enslaved to the masters of the universe.
Bulgarians move back and forth and this is frustrating but others like the Greeks compromised outright. Bulgarians will carry the job through but not without hesitation.
After all if EU is not destroyed the countries inside will remain enslaved to the masters of the universe.
Viktor- Posts : 5796
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Unexpected move ... will see if something good comes out of it
Germany urged to eliminate obstacles na ways of South Stream
Germany urged to eliminate obstacles na ways of South Stream
George1- Posts : 18524
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S Stream Cancellation Highlights Need to Find Other Gas Supply Routes – EC
Moscow’s decision to cancel South Stream gas pipeline project paved the way for search of alternative gas routes to southeastern Europe, European Commission Vice President Maros Sefcovic said Tuesday.
MOSCOW (Sputnik) – Sefcovic said in the interview with Russian Kommersant newspaper that Moscow did not discuss the decision to cancel the South Stream with its EU partners, and announced the move at the press conference. After this, Sefcovic said, it became clear that Europe needed to find a suitable alternative for gas deliveries to southeastern Europe.
Sefcovic also said that the European Commission established a special high-level group which develops gas transportation systems in central and southeastern Europe. First results of the group's work will be presented in June 2015, Sefcovic said.
In late 2014, Russia announced decision to cancel South Stream project. Russian energy giant Gazprom said the move was due to the European Commission’s claims that construction of the pipeline would violate EU anti-monopoly laws.
The South Stream will be replaced with the Turkish Stream pipeline, which would deliver gas to a hub on the Turkish-Greek border for further distribution to consumers in southern Europe.
Read more: http://sputniknews.com/business/20150421/1021156097.html#ixzz3Xzarshiq
Moscow’s decision to cancel South Stream gas pipeline project paved the way for search of alternative gas routes to southeastern Europe, European Commission Vice President Maros Sefcovic said Tuesday.
MOSCOW (Sputnik) – Sefcovic said in the interview with Russian Kommersant newspaper that Moscow did not discuss the decision to cancel the South Stream with its EU partners, and announced the move at the press conference. After this, Sefcovic said, it became clear that Europe needed to find a suitable alternative for gas deliveries to southeastern Europe.
Sefcovic also said that the European Commission established a special high-level group which develops gas transportation systems in central and southeastern Europe. First results of the group's work will be presented in June 2015, Sefcovic said.
In late 2014, Russia announced decision to cancel South Stream project. Russian energy giant Gazprom said the move was due to the European Commission’s claims that construction of the pipeline would violate EU anti-monopoly laws.
The South Stream will be replaced with the Turkish Stream pipeline, which would deliver gas to a hub on the Turkish-Greek border for further distribution to consumers in southern Europe.
Read more: http://sputniknews.com/business/20150421/1021156097.html#ixzz3Xzarshiq
KoTeMoRe- Posts : 4212
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prnewswire.Co_m has a Russian strategic outlook regarding its Hydrocarbon sector.
In few words.
1. Russia has so far outdone the hydrocarbon squeeze.
2. This for a couple of factors.
3. Factors are both economic and political.
4. Among the Economic factors is the situtation of the Oil and Gas prices. Low prices mean that paradoxically the unconventionnal competition is swiped away leading to balancing (both for Gas and Oil). Thus Russia remains competitive because of its conventional ressources.
5. Among Political factors is the general status of both transit and exporter countries. None of them (bar Norway) is a democracy, thus can be seen as a reliable partner. Case in point the Turkish-Azeri tandem that is causing headaches to Europe with Nabucco and its Turkish-Russian deal to have Europe bear the brunt of the South Stream cancellation. Furthermore, Ukraine will cease to be a transit country from 2020. Which will see Austria relying on Germany until Nabucco or an alternative pipeline is devised and built.
6. Europe with the 3rd Energy Package hasn't solved its main issue. It still doesn't have a plan to replace Hydrocarbon based energy.
In few words.
1. Russia has so far outdone the hydrocarbon squeeze.
2. This for a couple of factors.
3. Factors are both economic and political.
4. Among the Economic factors is the situtation of the Oil and Gas prices. Low prices mean that paradoxically the unconventionnal competition is swiped away leading to balancing (both for Gas and Oil). Thus Russia remains competitive because of its conventional ressources.
5. Among Political factors is the general status of both transit and exporter countries. None of them (bar Norway) is a democracy, thus can be seen as a reliable partner. Case in point the Turkish-Azeri tandem that is causing headaches to Europe with Nabucco and its Turkish-Russian deal to have Europe bear the brunt of the South Stream cancellation. Furthermore, Ukraine will cease to be a transit country from 2020. Which will see Austria relying on Germany until Nabucco or an alternative pipeline is devised and built.
6. Europe with the 3rd Energy Package hasn't solved its main issue. It still doesn't have a plan to replace Hydrocarbon based energy.
kvs- Posts : 15861
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George1 wrote:S Stream Cancellation Highlights Need to Find Other Gas Supply Routes – EC
Moscow’s decision to cancel South Stream gas pipeline project paved the way for search of alternative gas routes to southeastern Europe, European Commission Vice President Maros Sefcovic said Tuesday.
MOSCOW (Sputnik) – Sefcovic said in the interview with Russian Kommersant newspaper that Moscow did not discuss the decision to cancel the South Stream with its EU partners, and announced the move at the press conference. After this, Sefcovic said, it became clear that Europe needed to find a suitable alternative for gas deliveries to southeastern Europe.
Sefcovic also said that the European Commission established a special high-level group which develops gas transportation systems in central and southeastern Europe. First results of the group's work will be presented in June 2015, Sefcovic said.
In late 2014, Russia announced decision to cancel South Stream project. Russian energy giant Gazprom said the move was due to the European Commission’s claims that construction of the pipeline would violate EU anti-monopoly laws.
The South Stream will be replaced with the Turkish Stream pipeline, which would deliver gas to a hub on the Turkish-Greek border for further distribution to consumers in southern Europe.
Read more: http://sputniknews.com/business/20150421/1021156097.html#ixzz3Xzarshiq
Yes, poor EU, it wasn't consulted. It brazenly blocked South Stream and then huffs and puffs with indignation when Russia makes
other arrangements instead of crawling on its knees to beg the EU to keep the project alive. The clowns!
Please, EU, go find your precious alternative. We don't need to hear your whining for the Nth time. You would think the
EU was trying to achieve something with all this whining. And you would be right, since this is nothing but a pathetic attempt
to blackmail Russia.