The South Stream would be a very paying project for all the Balkan states

15 august 2016 | Russia - 24

The Chief Adviser to the Head of the Analytical Center Leonid Grigoriev talked about the current situation with the South Stream project on the 'Energetika' show on Russia-24 TV channel.

Leonid Grigoryev
Leonid Grigoryev
Chief Adviser to Head of the Analytical Center

The South Stream would be a very paying project for all the Balkan states. Not just for Bulgaria, but also for Serbia, Slovenia, Macedonia, and all their neighbors that would also get natural gas via pipelines from Serbia,” Mr. Grigoriev said. According to him, Serbia should house an NG hub because it has got the Banat Yard underground storage facility to pump large amounts of NG into. “In this case NG could be transported to the neighboring countries and that would promote peace in the Balkans because people would be stronger connected with each other. And then some of that gas could be routed through Slovenia to Italy, Mr. Grigoriev believes.

Further negotiations with the countries participating in the project will determine the route that Russian natural gas is going to take on its way to South Eastern Europe, experts note.

Source: Russia-24