The United States support Nabucco but it is just one project, a piece in the puzzle, and not the only answer to energy security, Ambassador Richard L. Morningstar, Special Envoy for Eurasian Energy of Secretary of State Hillary Clinton, told a news conference after the Sofia Energy Summit.

He also said that Nabucco needs to be based on profitability and on the interests of the European countries and companies, and the interests of the countries in the region.

There are specific ways for the US to support Nabucco, economic ways, not direct subsidies but international financing and access to funding. The decisions are to be made by the participating countries and the US will help them through the negotiations in a constructive manner, Ambassador Morningstar said.

The US position on South Stream is neither "for" nor "against", he said taking another question. It has doubts about it, has fears that it will be too expensive and is not sure where the gas will come for it.

In Morningstar's words, there are serious question-markts about the project's viability. He said though that the final decision is to be made by Bulgaria and the other countries.

Source: BTA