Moscow holds first night rehearsal of Victory Day ParadeMilitary & Defense April 28, 1:18
Russia’s Kvyat expects full-house attendance at 2017 F1 Russia GP in SochiSport April 28, 1:14
Only OPCW investigation can bring up truth on Khan Sheykhun chemical attack — MoscowWorld April 27, 23:37
Kvyat to race at home F1 GP in Sochi with new helmet design depicting him riding torpedoSport April 27, 21:43
Maria Sharapova gets into quarterfinal of tournament in StuttgartSport April 27, 21:16
Russia, Japan to hold bilateral year of culture in 2018World April 27, 20:49
Angela Merkel’s visit to Moscow – pragmatism above all elseRussian Politics & Diplomacy April 27, 19:18
Japanese businessmen and officials to visit South Kuril Islands in summerWorld April 27, 18:46
Putin, Abe call for quickest restart of talks on Korean settlementRussian Politics & Diplomacy April 27, 18:32
Jansen said that according to the latest estimates, cost of the off-shore line will climb over ten billion euro although exact figures will not be known until all the key contracts on supplies of pipes and construction works are concluded as they constitute a major part of the project.
Earlier, TASS reported on January 29 that the pipes would be made and supplied for the first line of the South Stream pipeline by German Europipe (50% of the pipes), Russia's United Metallurgical Company from Russia (35%), and Severstal's Izhora Pipe Mill in Russia (another 15%).
On March 14 Marubeni-Itochu and Sumitomo (40% of the pipes), OMK (35%) and Severstal (another 25%) were determined as suppliers for the second line of the South Stream.
In April the South Stream Transport concluded contracts on construction of the second line of the off-shore section with Swiss company Allseas Group to lay pipelines on the bed of the Black Sea and with Italian company Saipem to provide supporting works.The South Stream Offshore Pipeline will be made up of four parallel pipelines of 931 kilometers each, with a diameter of approximately 813 mm and steel walls 39 mm thick.
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 metres of Russian natural gas a year to southern Europe.
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 metres a year. Its cost is about 16 billion euro.