BRUSSELS, May 30 – The South Stream pipeline, which is at the project stage, won't do anything to ease Europe's gas supply concerns, European Energy Commissioner Gunther Oettinger said.

"This is a new route, but this is not a new source of supplies. This is gas that will come in the same volume and will be sold by Gazprom," Oettinger said in Brussels during the presentation of a new European Energy Security Strategy.

He said that the issue is being studied and the interested states are holding consultations with the European Commission.