UKRAINE UPGRADING: $19.5 BLN
From Sergey Kupriyanov.
Sir, In "South Stream gas project may now be a pipe dream" (August 25), Guy Chazan paints a bleak picture of the South Stream project, suggesting its future is "murky". I disagree.
We have decided on a multibillion-dollar investment in one of the world's biggest energy infrastructure projects, together with several European partners. This decision was based on a rigorous economic and commercial evaluation, and we are determined to implement the project as planned.
Mr Chazan rightly points out that South Stream…
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