Little Progress for Southstream

EnergyOil & Gas ♦ Published: November 18, 2010; 23:40 ♦ (Vindobona)

The Russian energy group Gazprom has difficulties with the Southstream pipeline project. The optimal path has to be found first.

Little Progress for Southstream / Picture: ©

The planning of Southstream, the rival to the Nabucco project in which the Austrian OMV is substantially involved, is proving more difficult than expected. The exact final route for the  pipeline  has not been determined yet. It is suggestive that harsh criticism of Nabucco has often been heard from Russia, saying that it would fail; however, Southstream development is not getting…