• Natural Gas News

    Sputnik: South Stream Has Been Resurrected Through Balkan Stream

    old

Summary

Russia plans to build a pipeline dubbed "Balkan Stream" through Macedonia that could form the basis of a revised South Stream route

by:

Posted in:

Press Notes

Sputnik: South Stream Has Been Resurrected Through Balkan Stream

While many in the Balkans were lamenting the cancellation of the South Stream project last December, Russia was hard at work laying the foundation for its replacement, hereafter referred to as ‘Balkan Stream'. The concept is to connect ‘Turkish Stream', the Russian pipeline to Turkey's Eastern Thrace region, to South Stream's previously intended Serbian, Hungarian, and Austrian partners, but detouring through Greece and Macedonia to compensate for the exclusion of Bulgaria. While such a strategy was previously only talk, concrete action was taken this week to transform it into a reality, which wouldn't have been possible had Macedonia not beaten back the Color Revolution attempt that aimed to sabotage the entire thing.

Step By Step

The whole reason that Balkan Stream was conceived in the first place was because its predecessor, South Stream, was cancelled last December. Russia took this decision after Bulgaria (influenced by the EU acting on behalf of the US) made it impossible to construct the pipeline through its territory due to a slew of political and legal games that it was playing. At the time, the author was the first person to write that a replacement route could realistically go through Greece and Macedonia, thereby resurrecting the project and fulfilling the pressing energy demands in Europe that necessitated its creation in the first place. Russia was quick to move, and in the same breath that it cancelled South Stream, it announced ‘Turkish Stream' to partially replace it. This pipeline will travel under the Black Sea just as South Stream was intended to, but would instead reach land at Turkey, not Bulgaria. From there, the Russian government said, European nations could buy gas from a terminal at the Greco-Turkish border, in what was interpreted as a vague hint that such purchases could either be LNG or possibly even the start of a brand new pipeline.

Midway through December, Putin officially suggested during his annual news conference that the Greek-Macedonian ‘detour' could represent a solution to South Stream's cancellation, provided that there was interest in his proposal. This was echoed by the Hungarian Foreign Minister in mid-January, when he said that his country would support the project. Interpreting this as a greenlight to move forward, Putin discussed the topic with Viktor Orban during the former's visit to Budapest last month. This week was the most monumental in terms of actually making progress on the project because Stroitransgaz, one of the companies involved in the original South Stream, announced on Thursday that it would be building a gas pipeline through Macedonia, which is set to begin construction this weekend and be completed by next summer.

MORE