Aleppo police chief comments on school attack in city’s western areaWorld October 28, 9:03
Syrian campaign experience helps Russian helicopter pilots to overpower enemy air defensesMilitary & Defense October 28, 8:19
Moscow speaks for further discussions on UN Security Council reformRussian Politics & Diplomacy October 28, 7:27
Local elections in Donbass still some way off, says Ukrainian ministerWorld October 28, 2:39
Israel’s emotions regarding UNESCO resolutions on Jerusalem are 'over top' — diplomatRussian Politics & Diplomacy October 28, 2:28
Russia speaks against politicization of probe into chemical attacks in Syria - GatilovRussian Politics & Diplomacy October 28, 2:25
Russia's envoy to UN: Conclusions on Syria’s involvement in chemical attacks unconvincingRussian Politics & Diplomacy October 28, 2:00
Russian Defense Ministry surprised by UNICEF inaction amid growing hostilities in SyriaRussian Politics & Diplomacy October 27, 23:14
Russian Defense Ministry: Video of airstrike on Syrian school doctored upRussian Politics & Diplomacy October 27, 21:22
MOSCOW, July 29. /TASS/. Italia’s Saipem, the contractor in the South Stream pipeline construction project, did not earn €1.232 bln due to cancellation of the project by Gazprom, the company said on Wednesday in its financial report.
Saipem said the total backlog includes the effects of the cancellation of the South Stream contract amounting to €1.232 bln following the notification of termination.
South Stream Transport B.V., the Gazprom’s subsidiary, informed Saipem on July 9 about the termination of the contract to build the first line of the gas pipeline’s subsea segment executed in 2014. The decision was dictated by the impossibility of reaching the agreement on many issues of the Turkish Stream gas pipeline project implementation, South Stream Transport said. The Gazprom’s subsidiary also said it will start negotiation with potential contractors for laying the first line of the Turkish Stream project.
The Turkish Stream gas pipeline project will be an alternative to the cancelled South Stream project.