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Analysis: The South Stream Gas Pipeline
Politics ♦
Published: June 25, 2014; 11:25 ♦ (Vindobona)
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Due to the signing of the South Stream agreement between OMV and Gazprom for the Austrian part of the pipeline during Putin's visit to Vienna, we take a look at the background of the project.
The South Stream Gas Pipeline Project / Picture: © Wikipedia / Nicolay Sidorov
The South Stream project is a planned gas pipeline to transport Russian natural gas through the Black Sea to Bulgaria and through Serbia, Hungary and Slovenia further to Austria.
Construction of the Russian onshore facilities for the pipeline started in December 2012.
The project has created controversies due to non-compliance with the European Union competition…
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