Bulgaria, Russia agreed to build gas pipeline bypassing Ukraine - media

Bulgaria has pledged to build a new gas pipeline to pump Russian natural gas from Turkey to Serbia, EUobserver has reported.

"Bulgaria has pledged to build a new pipeline to pump Russian gas from Turkey to Serbia after three firms, including Russia's Gazprom, Bulgaria's Bulgargaz, and Swiss firm MET signed contracts to use it," reads the report.

According to the report, the EUR 1.4 billion project could strengthen EU dependence on gas and "undermine Ukrainian security," EU and U.S. diplomats fear.