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2014-05-01 19:00:00

SOUTH STREAM: ON SCHEDULE

SOUTH STREAM: ON SCHEDULE

OAO Gazprom says the South Stream gas pipeline project is "progressing in strict compliance with the schedule."

From Russia, South Stream gas pipeline will cross the Black Sea to southern and central Europe.

"Only South Stream may offer now extra guarantees of energy security to Europe," said Alexey Miller, chairman of Gazprom's management committee.

Gas production will be delivered starting in late 2015. The pipeline is expected to reach full capacity of 63 billion cu m in 2018.

Gazprom…

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Tags: GAZPROM, GAS, SOUTH, STREAM
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