Standart: Bulgaria Receives EUR 600 M from the South Stream Pipe
The revenues from the South Stream pipeline will replenish the state budget of Bulgaria with over 600 million euro in taxes till the end of 2015, when the first supplies will be transited.
This is the amount of the VAT that will have to be paid during the pipe, terminal and three compressors construction near Varna.
It is expected that the Bulgarian sector of the pipeline will cost about 3 billion euro and 20 percent of the sun (VAT) will flow to the budget, experts explain.