South Stream gas pipeline to Europe with Bulgarian, Greek, Serbian and Italian counterparts in the presence of Prime Ministers Vladimir Putin and Silvio Berlusconi.
From the standpoint of potential risks he likened the idea of holding an exercise in Georgia to that of war games in the Middle East or near the borders of North Korea.
In 2006-2007 under the tender Russia’s gas monopoly gained the right to develop and produce hydrocarbons on licence sections on the Mediterranean shelf and in the south of Tripoli.
This project envisions Russian gas supplies on the bottom of the Black Sea to Bulgaria’s port of Varna from Novorossiisk and then to Italy and Austria via the Balkan Peninsula. Under the schedule, the gas pipeline will begin operating in 2013.
Cooperation in the fuel and energy sector, including the construction of the Caspian gas pipeline, will be among priority issues to be discussed by Russian President Dmitry Medvedev and Turkmen President Gurbanguly Berdymukhamedov on Wednesday.
Russia is an important neighbour country from the point of view of ensuring peace and stability in the Asia-Pacific Region. In order to bring our relations with Russia to a high level, it is necessary to achieve a final settlement of the territorial problem – the most important problem that remains to be resolved,”
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