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Country Report Macedonia Product Image

Country Report Macedonia

  • ID: 2123793
  • December 2014
  • Region: Macedonia
  • 28 Pages
  • The Economist Intelligence Unit

The implications of the cancellation earlier in December of Russia's planned South Stream gas pipeline are less for Macedonia than for other participating states in the region, because the country was due to receive only a spur pipeline, not to host part of the main route; and the spur was to be built as part of a development project for the domestic gas network that is proceeding in any case, backed by the Macedonian government, and with Russia's involvement coming about as a means of debt settlement. Greece is promoting the Trans-Adriatic Pipeline (TAP), including an interconnector to Macedonia, as a non-Russian alternative to South Stream, but geography and regional politics mean that if interconnectors were built to Macedonia from any of the potential major regional gas pipeline projects, it would probably be a terminus, not a transit country-depriving it of potential transit fees, and any significant role in broader regional gas supply plans.

Under a long-hatched July 2013 agreement between Russia and Macedonia, the Russian state-owned gas monopoly, Gazprom, was due to construct an interconnector to Macedonia from the planned South Stream gas pipeline, which Russia announced READ MORE >

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Country Report Macedonia

Gas import capacity cushions South Stream cancellation
South Stream cancellation impact
TAP alternative?

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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