South Stream Pipeline May Run Across Croatia

BusinessCommodities ♦ Published: August 20, 2012; 18:55 ♦ (Vindobona)

Instead of Hungary, the pipeline project South Stream may pass through Croatia. Gazprom currently negotiates with the Croatian operator Plinacro.

South Stream Pipeline May Run Across Croatia / Picture: © Vindobona.org

According to the Croatian newspaper “Jutarnji list”, the Southstream pipeline may run across Croatia instead of Hungary. The prospects for Croatia would be 50:50. Costs are expected to come at € 600m. The South Stream pipeline should ship Russian natural gas to Italy. In total, costs should reach about € 25bn.

The Russian government and Gazprom are said to decide within…