Bulgaria stops South Stream project

Bulgaria stops South Stream project

South Stream Bulgaria, a Bulgarian company formed for realization of the South Stream project, has stopped the project. Minister for Economy Vasil Stonov halted its realization on August 11, although the company announced increase of capital to $272 million, as registered at the Justice Ministry on August 18.

The European Commission ordered South Stream Bulgaria to halt South Stream construction.

South Stream Bulgaria, a Bulgarian company formed for realization of the South Stream project, has stopped the project. Minister for Economy Vasil Stonov halted its realization on August 11, although the company announced increase of capital to $272 million, as registered at the Justice Ministry on August 18.The European Commission ordered South Stream Bulgaria to halt South Stream constructio
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