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Macedonia Seeks to Join Gazprom-led South Stream Gas Pipeline September 28, 2010

Posted by Yilan in Macedonia, Russia.
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The Republic of Macedonia wants to join a pipeline planned by OAO Gazprom and Eni SpA’s that will carry Russian natural gas across the Black Sea through Bulgaria to western Europe.

Macedonia’s government will meet with Gazprom officials in the capital Skopje on Oct. 1 to discuss extending a leg of the link to the Balkan nation of 2 million people, the country’s Finance Ministry said today on its website.

Macedonia, along with Romania is seeking to join countries including Austria, Bulgaria, Greece, Hungary, Slovenia and Serbia as a partner in the onshore section of South Stream that is scheduled to deliver gas by the end of 2015.

One section of the pipeline would terminate at OMV AG’s Baumgarten hub, currently the destination for about a third of Russia’s gas exports to western Europe.

South Stream competes with the OMV-led Nabucco pipeline, which aims to bring gas from the Caspian Sea region and the Middle East to Austria via Turkey to reduce Europe’s reliance on Russian supplies.

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