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South Stream gas transaction between Russia and Greece

On June 7, Greece's natural gas grid operator DESFA and Russia's Gazprom will sign an agreement in Moscow in order to construct the Greek section of the natural gas pipeline project, South Stream, led by Russia, estimated at 1 billion euros, according to an official’s statement on Monday.

read more... 25/05/2010

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Eni’s stake in GreenStream pipeline cut to 50%

The oil and gas most important company in Italy, Eni, has decided to cut its participation from 75% to 50% in the company GreenStream BV which manages a pipeline transporting gas from Libya to Italy, according to the officials of both societies.

read more... 25/05/2010

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The cost of the South Stream project might be less than $25.41 billion

Sergei Kupriyanov, Gazprom's spokesman, announced on Friday that the Gazprom’s South Stream gas pipeline project is under construction and the cost will be less than 20 billion Euros ($25.41 billion).

read more... 17/05/2010

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Russia and Italy accepted France to join the South Stream pipeline project

After the official meeting that had taken place between Russian Prime Minister, Vladimir Putin, and Italian Prime Minister, Silvio Berlusconi, a decision has been made concerning the France’s EDF participation in the South Stream project.

read more... 27/04/2010

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South Stream deal between Russia and Austria

Vladimir Putin, the Russian Prime Minister, will sign a pipeline transaction with the Austrian Chancellor Werner Faymann, after a bilateral dialogue about the construction of South Stream gas pipeline, according to Austrian government.

read more... 21/04/2010

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