Middle East Economic Survey

VOL. LIII

No 46

15-Nov-2010

CASPIAN

Bulgaria To Sign South Stream Agreement, Deeply Worried Over Nabucco Progress

Bulgarias cabinet approved on 10 November the details of an agreement between Gazprom and state-owned Bulgarian Energy Holding (BEH) for the construction of the main onshore component of the South Stream gas pipeline. According to the terms of the agreement, the joint venture company will be equally owned by the two state firms and based in Sofia. The...