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Necessary decisions on S Stream to be taken till October 1

Gazprom and Italian ENI adjusted the price for Russian gas supplies for this year
Photo ITAR-TASS
Photo ITAR-TASS

ST PETERSBURG, June 21 (Itar-Tass) - Necessary investment decisions on the South Stream project will be taken till October 1, ENI head Paolo Scaroni said.

After the talks with Gazprom CEO Alexei Miller on Friday, Scaroni told journalists shareholders of the South Stream maritime sector did not doubt that the construction would be started not later than the second quarter of 2014.

According to Itar-Tass reports, during the talks, Gazprom and ENI adjusted the price for Russian gas supplies for this year. The parties continue the talks to make corrections in gas volumes in compliance with the contract.

Eni is the largest purchaser of Russian gas. Earlier Gazprom said Eni would triple gas purchases from the beginning of the year.