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    FOCUS: No risk for Bulgaria not to take part in South Stream at this stage: energy minister

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Summary

There are no risks for Bulgaria not to take part in South Stream however the Bulgarian portion should be financed with loans thereby minimizing the risk for Bulgarian Energy Holding. Conversly, it will be hard to secure co-financing capital, even at 30% said Delyan Dobrev

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Press Notes

FOCUS: No risk for Bulgaria not to take part in South Stream at this stage: energy minister

“At this stage there is no risk for Bulgaria not to take part in the South Stream project,” said Bulgarian Minister of Economy, Energy and Tourism Delyan Dobrev speaking with journalists, FOCUS News Agency reporter informed.

“We back the South Stream gas pipeline project. We consider it profitable for Bulgaria but we have to clear out all details around the project,” the minister added.  MORE