RSS   Newsletter   Contact   Advertise with us

Bulgaria seeks to benefit from tensions between Turkey and Russia

Staff writer ▼ | February 4, 2016
Bulgaria seeks to benefit from a spat between Turkey and Russia to revive weakened economic ties with Moscow, its main gas supplier, without offending Ankara.
Bulgaria gas
Trade   Bulgarian-Russian economic cooperation
In a sign of thawing relations, Sofia last week hosted a meeting of the Bulgarian-Russian economic cooperation committee - the first since the 2014 failure of the South Stream pipeline project.

The multi-billion-dollar plan had aimed to deliver Russian gas to Europe via the Black Sea and the Balkans while bypassing conflict-ridden Ukraine.

But EU and NATO member Bulgaria, under pressure from both Brussels and Washington, ended up suspending the deal.

Reacting to the snub, Russia redrew plans to transport its gas via a new undersea pipeline called TurkStream. But these too were shelved after the downing of a Russian warplane by a Turkish fighter jet on the Syrian border in November.


 

MORE INSIDE POST