Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-01-30-Speech-3-218"
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"en.20080130.21.3-218"2
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"Mr President, as rapporteur on regional cooperation in the Black Sea region, I would like to express concern for Bulgaria's agreement of 18 January 2008 to take part in and support the Russian South Stream energy project.
This project poses a dual challenge to the energy security of the European Union. First of all, a Member State’s support to this project runs counter to the primary objective of diversifying the energy resources of the Union. The South Stream project would only increase the EU’s dependence on a single source. Secondly, by its very existence, the South Stream project undermines the NABUCCO project, which is believed to be of strategic importance for the success of EU energy security policy.
Allow me to remind you that this agreement between Bulgaria and Russia came at a time when the European Parliament was adopting with a majority of votes the report on Black Sea cooperation."@en1
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