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Macedonia excited about South Stream role July 18, 2010

Posted by Yilan in Macedonia, Russia.
Tags: , ,

A link to the South Stream natural gas pipeline to Europe will place Macedonia on the regional energy map, the Macedonian president said.

Macedonian President Gjorge Ivanov arrived home this week following a visit to St. Petersburg to meet with top political and business leaders.

Ivanov returned to Macedonia with a new energy agreement with Russia that includes a role in the South Stream gas pipeline for Europe, the Southeast European Times reports.

South Stream would carry around 2.2 trillion cubic feet of gas per year through southern European countries by 2015.

An extension would link Macedonia to the pipeline as part of expansions planned for the country’s gas network.

Ivanov said his country has so far not been included in the European energy sector to any significant degree.

“The situation now changes and that is most important, that we can be included in the global economic investments,” he said.



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