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Austria to Be By-Passed by South Stream Gas Pipeline
The rival project to Nabucco will not end at OMV’s Central European gas hub.
Austria to Be By-Passed by South Stream Gas Pipeline / Picture: © Vindobona.org
According to Russian media reports, Gazprom has decided to change the planned route of the South Stream gas pipeline project. The pipe will terminate in Northern Italy rather than in Austria which is actively lobbying for the rival project Nabucco. There will thus be no transit through OMV’s hub in Baumgarten.
In early 2011, Gazprom and OMV formed a joined venture for the…
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