Novinite: Russia EconMin: Forfeit Demand on Bulgaria over South Stream 'Unlikely'

Russia does not expect South Stream's demise to trigger any financial demands from energy concern Gazprom against Bulgaria, the country's Economy Minister Alexander Novak has argued.

In his words, provisions of forfeit are not part of the intergovernmental agreements Russia struck with all countries that joined the abandoned pipeline project.

The decision to drop the project was not "surprising" but well premeditated, since "such issued cannot be solved spontaneously," Novak says in an interview with Russian daily Kommersant.

Novak reiterates it was impossible to carry out a project if "no permits exist" for constructions.
MORE