Middle East Economic Survey
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...