People bringing flowers to Russian Foreign Ministry in memory of late Ambassador ChurkinRussian Politics & Diplomacy February 20, 23:55
US envoy to UN pays tribute to Churkin’s ‘great skill’ in advocating Russia's positionWorld February 20, 23:29
Energy minister says Russia outpaces its February schedule of oil production cutBusiness & Economy February 20, 23:02
Russian UN envoy Vitaly Churkin’s death is big loss for Russia, premier saysRussian Politics & Diplomacy February 20, 22:52
Colleagues mourn Russia's ambassador to UN as 'diplomatic giant and wonderful character'World February 20, 21:58
Putin offers condolences over UN Ambassador Vitaly Churkin’s deathRussian Politics & Diplomacy February 20, 21:21
Russia’s Foreign Ministry lost outstanding diplomat — spokeswoman on UN envoy’s deathRussian Politics & Diplomacy February 20, 20:54
Russia's ambassador to UN Vitaly Churkin diesRussian Politics & Diplomacy February 20, 20:24
Antimonopoly service orders Apple to open official service center in Russia by May 1Business & Economy February 20, 20:18
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.