Putin and Le Pen did not talk about National Front's financing — KremlinRussian Politics & Diplomacy March 24, 15:07
Kremlin expects ex-Duma member’s murder to be investigated thoroughlyRussian Politics & Diplomacy March 24, 15:05
Putin supports Russian Central Bank's tactics and strategyBusiness & Economy March 24, 14:45
Vatican museum makes exception for Tretyakov Gallery exhibitionSociety & Culture March 24, 14:41
UK police confirm at least 50 injured in Westminster attack, two more suspects arrestedWorld March 24, 14:31
National Guard units in North Caucasus on high alert after gunmen’s attackMilitary & Defense March 24, 14:25
Putin meets France's Le Pen in KremlinRussian Politics & Diplomacy March 24, 14:18
Ukraine’s Security Service confirms Russian MP’s assassin had military backgroundWorld March 24, 14:17
Russian Aerospace Force to receive 200 medium-range aircraft missiles in 2017Military & Defense March 24, 14:14
MOSCOW, January 29. / TASS / Gazprom investment into the South Stream project in January-September 2014 amounted to $502 million (33.7 billion rubles), the company report says.
At the beginning of 2014, the amount of investment was estimated at $103.5 million (7 billion rubles).
Gazprom's net loss from participating in the project is estimated at $31 million (2.1 billion rubles) for the end of the reporting period.
South Stream is Gazprom's global infrastructure project for the construction of gas pipelines, with capacity of 63 billion cubic meters. It was slated to go across the Black Sea to South and Central Europe, in order to diversify export routes for natural gas and lower transit risks.
However, on December 1, 2014 Russian President Vladimir Putin announced that "under current circumstances, Russia will not implement the South Stream project."
In turn, head of Gazprom Alexey Miller said that that "South Stream project is no longer relevant." "That's it, the project is closed," he said, while commenting the Russian-Turkish summit talks.