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News // Politics

Russia and Bulgaria To Discuss New O&G Pipelines and European Energy Security

05 February 2009 , 13:08Ksenia Kochneva742
Bulgarian President Georgi Parvanov is on a visit to Moscow until February 6, when he also hopes to discuss the issue of compensation from Russia after the Balkan country failed to receive Russian gas for almost two weeks during last month's dispute between Moscow and Kiev.

The main subjects of Russia-Bulgaria talks are the Belene nuclear power plant Russia is building in northern Bulgaria; the South Stream pipeline to bring Central Asian and Russian gas to the Balkans and other European countries; and a pipeline project between Russia, Greece and Bulgaria to pump Russian and Caspian oil from the Bulgarian Black Sea port of Burgas to the Greek Aegean port of Alexandroupolis.

Parvanov also hopes to discuss the issue of compensation from Russia after the Balkan country failed to receive Russian gas for almost two weeks during last month's dispute between Moscow and Kiev.

Medvedev and Parvanov would discuss new proposed security arrangements for Europe and reform of its financial system against the backdrop of the ongoing global credit crunch.

The leaders are expected to open the Year of Bulgaria in Russia - to mark 130 years since the countries established diplomatic relations - with a performance at Moscow's Bolshoi Theater late on Thursday.

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