Thursday, October 31, 2013

South Stream starts today. Bulgaria will not invest any lev , mean that there will be no transit fees ?

South Stream starts today.
Bulgaria will not invest any lev , mean that there will be no transit fees ?


We can give conditional start of the project "South Stream" said the Prime Minister of Bulgaria , Oresharsky after a meeting with Chairman of the Board of OAO "Gazprom " Alexey Miller .
"Especially for our country, this is probably the biggest project of our territory. We see this project as very important ," added the Prime Minister .
 " They refined the basic parameters of the financial model . I remain satisfied that the Bulgarian side will not invest any lev in this project, while the parameters are made so that it is beneficial for our country. Believe that it is beneficial for the Russian side . When negotiating for a long time , both parties should be satisfied , "said Oresharski .
It is not clear how it will meet the requirements of the Third Energy Package on EU access to third parties to the tube ?
Bulgaria will not invest any lev , mean that there will be no transit fees ?
Is there suddenly such good prices and other concessions in contract for gas ?
 Until 1 April 2012, the price for Bulgaria was at 520 dollars per 1,000 cubic meters,
 After April 1, 2012 than ever operate at 11% discount price was 472 dollars.
Russian media earlier estimate that the consent of Bulgaria for the "South Stream " cost "Gazprom " between $ 2.75 and $ 3 billion , now right?
 The idea was that the contract is 10 years old - 6 +4 years . The past six years , Bulgaria can reduce the quantities of gas if you start mining from its own fields or find cheaper gas from Russia , that true?
It is not clear how much gas will flow in old existing pipes in Ukraine , following the launch of the "South Stream" and you will lose the old transit fees ?

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