South Stream and European energy security
26.01.2012 Alexey Miller and Antonis Samaras discuss South Stream project implementation in Greece
The South Stream project is aimed at strengthening the European energy security. It is another real step toward executing the Gazprom strategy to diversify the Russian natural gas supply routes. The new gas pipeline system meeting the latest environmental and technological requirements will significantly raise the energy supply security of the entire European continent.63 billion cubic meters per annum – pipeline’s design capacity.
The project provides for South Stream’s offshore section to run under the Black Sea from the Russian coast (Beregovaya compressor station) to the Bulgarian coast. Two possible routes are under review for South Stream’s onshore section from Bulgaria – one, northwestwards and the other, southwestwards.