Sponsored Content
Southstream: Gazprom-OMV Cooperation
OMV and Russian Gazprom will work together on the construction of the Austrian part of the Southstream pipeline.
Southstream: Gazprom-OMV Cooperation / Picture: © Vindobona.org
An unusual alliance has been reached between the two energy groups for the construction of the Southstream pipeline. Southstream itself is a Russian-Italian project, considered as competing with the Nabucco pipeline. The entire Southstream pipeline is estimated to cost about € 15.5bn, and is expected to deliver Russian gas to Southern Europe by 2015. Capacity will be up to 63bn cubic…
or Log In
Fast News Search