Russia ready to revive South Stream gas pipeline

Russia ready to revive South Stream gas pipeline

Russia is ready to implement the South Stream natural gas pipeline project in case of Europe’s guaranteed demand, Energy Minister Alexander Novak said in an interview aired by the Rossiya-24 TV news channel on Tuesday.

"Our position is simple, and we've outlined it earlier - if Bulgaria and the European Commission officially confirm their interest and guarantee the relevance of the pipeline’s construction and creation of such capital-intensive infrastructure we’ll be able to ensure the construction and supplies of gas required," TASS cited him as saying.

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