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Ukraine’s finance ministry files appeal to London Court against Russia in $3 bln debt caseBusiness & Economy June 23, 18:42
Ukrainian society tired of Poroshenko’s policy — expertRussian Politics & Diplomacy June 23, 17:58
Deutsche Welle sees Russian international broadcasters as threat to European ideasWorld June 23, 17:34
Watchdog claims Telegram provides means of communication to terroristsBusiness & Economy June 23, 16:45
Russia launches serial production of seaborne air defense missile systemMilitary & Defense June 23, 16:25
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Key facts about Turkish Stream projectBusiness & Economy June 23, 16:05
“This is the project of geo-strategic importance, primarily for energy stability and security in the EU. It has no alternative in the medium term and even in the long term. This is why South Stream will be completed on time despite the Ukrainian crisis,” Bajatovic said, adding that there was “no reason to suspend the project”.
Minor corrections have been made to the project to redirect the route in Vojvodina from Italy to the Austrian city of Baumgarten, the biggest gas storage facility in Europe.
“At present, the third section of the pipeline is being prepared for construction,” Bajatovic 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.
South Stream is Russia’s Gazprom global infrastructure project for the construction of a gas pipeline that will run via the bottom of the Black Sea to the countries of Southern and Central Europe with the aim to diversify routes for exporting natural gas and exclude transit risks.
The offshore section of the pipeline, which will run in part along the seabed and reach the maximum depth of 2,200 m, will be 931 km long. Each of the four parallel strings of the pipeline will consist of 75,000 pipes, each 12 m long, 81 cm in diameter, 39 mm thick and weighing 9 tonnes.