The Bulgarian stretch of the South Stream gas pipeline could go beyond $5.86 billion previously estimated, a Russian daily argues.
Centrgaz won a tender to build the South Stream main gas pipeline on the Serbian territory. Recently, the South Stream d.o.o. signed a contract with Centrgaz in Belgrade.
Russian Energy Minister Alexander Novak has expressed certainty that the problems surrounding the construction of the South Stream gas pipeline section in Bulgaria will be solved.
Bulgarian Prime Minister Plamen Oresharski issued orders on Sunday to cease all work on the South Stream as pipeline project, Interfax reported citing the Bulgarian radio station Darik Radio. Oresharski said that the decision would be in effect until the European Commission completed reviews on whether or not the project meets EU anti-monopoly norms.
The execution of Gazprom’s project to build the South Stream gas transportation system designed to supply additional volumes of natural gas to Europe via the Black Sea is in full swing.
The European Union has asked Bulgaria to suspend work on the multinational South Stream pipeline project designed to allow Russia's gas deliveries to bypass Ukraine on their way to Europe, The Telegraph said on June 3.
The Ukrainian government calls upon the European Union to block the construction of a joint with Russia gas pipeline South Stream, Prime Minister Arseniy Yatseniuk said in parliament on June 3, Ukrinform has reported.
When I was a kid, there was this worry in the air that the world would soon run out of oil and gas.
Stroytransgaz Consortium comprised of the Russian Stroytransgaz oil and gas construction company and Bulgarian Gazproekt Jug AD has won the tender for the design, equipment supplies and construction of the main pipeline South Stream’s 541-kilometer section in Bulgaria, I
Alexei Mordashov’s Severstal has supplied the first batch of pipes for marine sector of the South Stream gas pipeline, the company’s press service said on May 27, ITAR-TASS has reported. More than 40,000 tons of pipes is planned to be delivered for the goal.