Gulf Oil and Gas accountACCOUNT

Eni and Gazprom incorporate South Stream AG

Source: www.gulfoilandgas.com 1/18/2008, Location: Asia

Share |
Eni and Gazprom announce that a new company, South Stream AG, 50% owned respectively by Eni and Gazprom, has been incorporated today. The new company plans to complete the technical, economic and political feasibility study for the South Stream pipeline by the end of 2008.

South Stream is expected to bring 30 billion cubic meters of gas per year from Russia to the European Union.

Eni and Gazprom may jointly agree to accept other partners in the project.

In the first quarter of 2008, the Italian and Russian Governments and Eni and Gazprom will meet to define the roadmap for achieving intergovernmental agreements with the transit countries for the planned pipeline route. The project will be presented by the European Commission and discussed with the other European Union institutions.

Special Report

Oil & Gas Companies News in Russia >>

Japan >>  2/27/2017 - The Japanese economy continues to experience good growth momentum after a period of declining indicators in past months. It remains to be seen if the ...
Singapore >>  2/14/2017 - International compressor supplier Tamrotor Marine Compressors (TMC) has been awarded a contract by Golar LNG to supply the offshore market’s most ener...

Russia >>  2/8/2017 - GDP in Russia contracted by 0.4% y-o-y in 3Q16, the slowest pace since the onset of economic deceleration in 1Q15. Household consumption showed a slow...
Russia >>  2/7/2017 - The technology company The Linde Group has recently been selected by Gazprom and Project EPC contractor SRDI Oil & Gas Peton as the licenser for a mid...

Indonesia >>  2/1/2017 - Honeywell (HON) announced that PT Pertamina (Persero) will use Honeywell UOP technology to produce high-octane gasoline blending components and jet fu...
Singapore >>  1/31/2017 - The Asian market continued to be relatively healthy during December on the back of firm regional demand. However, pressure coming from the supply side...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Russia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 |

Oil & Gas Projects in Russia >>

More News

 

Oil & Gas Companies in Russia >>


Related Links

AZ BD BN CN GE HK ID IN IR JP KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.