Thursday, November 15, 2012

Decision on investing in South Stream sea leg to be made on ...

He added that construction work will get under way on December 14.?Investment decisions should be made by each country that?s involved in the project.

Russia has already signed agreements to that end with Hungary, Slovenia and Serbia.?We expect Bulgaria to sign this kind of agreement on the 15th of this month, Miller said.

The South Stream gas pipeline will be laid from Russia to Bulgaria across the Black Seabed.

The design capacity of South Stream will make up to 63 billion cubic metres per year, while the assessed value of the project, 8.6 billion euros.?The construction is due over in 2015.

Gazprom, Slovenia sign South Stream investment agreement

Slovenia and Russia?s Gazprom energy giant have struck an investment agreement on constructing the Slovenian leg of the South Stream gas pipeline.

An accord to this effect was signed Tuesday by Gazprom head Alexei Miller and Slovenia?s Plinovodi d.o.o. Director Marjan Eberlinc in the presence of Russian Prime Minister Dmitry Medvedev.

Similar investment agreements were earlier signed with Hungary and Serbia.

Voice of Russia, TASS, Prime

Source: http://english.ruvr.ru/2012_11_13/Decision-on-investing-in-South-Stream-sea-leg-to-be-made-on-November-14-Miller/

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