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Documents on South Stream gas projects coordinated — Russian parliament’s speaker

May 14, 2014, 14:32 UTC+3 MOSCOW
In Serbia, the construction is expected to be started in 2014, and first gas will run in 2016
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© AP Photo/Mikhail Metzel

MOSCOW, May 14. /ITAR-TASS/. The implementation of the South Stream gas project in Serbia and Bulgaria is going according to plan, State Duma Speaker Sergei Naryshkin has said.

Answering a question if there is a risk for putting pressure on these countries, he said, “There are different risks in realising such major infrastructural projects as South Stream. Evidently, there is a risk of pressure from our partner who thinks of a unipolar world system.”

“Pressure is being put on our partners with whom we reached agreement on this [South Stream] project,” Naryshkin told Rossiya 24 TV Channel on Wednesday.

“As I know everything is proceeding according to plan,” “In Serbia the construction is expected to be started in 2014. First gas will run in 2016. Serbia will raise first revenues in 2016,” he said.

South Stream, which will be jointly built by Gazprom and ENI, will eventually take 30 billion cubic metres of Russian natural gas a year to southern Europe. Analysts have said that the project will cost around 10 billion euro, or 15.82 billion U.S. dollars.

South Stream Pipeline

The South Stream Offshore Pipeline will run through the Black Sea from Russia to Bulgaria and have a total length of 930 kilometers. An environment impact assessment (EIA) in accordance with national environmental legislation is being conducted in Russia, Turkey and Bulgaria. In addition, South Stream Transport is undertaking an Environmental and Social Impact Assessment (ESIA) in alignment with the standards and guidelines of international finance institutions. This will involve an ESIA Report for each Sector of the Project and a consolidated document for the entire South Stream Offshore Pipeline to ensure a consistent approach.

South Stream, initially conceived ENI and Gazprom, later joined by Electricite de France and German Wintershall AG, will eventually take 30 billion cubic meters of Russian natural gas a year to southern Europe.

The project stipulates for the offshore gas pipeline section to run under the Black Sea from the Russkaya compressor station on the Russian coast to the Bulgarian coast. The total length of the offshore section will be around 900 kilometers, the maximum depth - over two kilometers and the design capacity - 63 billion cubic meters. There are two optional routes for the onshore gas pipeline section: either northwestward or southwestward from Bulgaria.

In order to feed the required amount of gas to South Stream, Russia’s gas transmission system throughput will be increased through the construction of additional 2,446 kilometers of line-pipe and 10 compressor stations with the total capacity of 1,473 MW. This project has been named South Corridor and will be implemented in two phases before December 2019.

The construction of South Stream started on December 7, 2012 is scheduled to be completed by 2015. The overall capacity of the marine section of the pipeline will be 63 billion cubic meters a year. Its cost is about €16 billion.

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