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South Stream faces complex, but resolvable problems – Chizhov

The South Stream gas pipeline project is progressing, but the consortium constructing it faces some complicated tasks, Russia’s Permanent Representative to the EU Vladimir Chizhov has told Interfax.
By Victor Onuchko 19 December 2012 Europe & Russia / Pipelines, Storage & Power 0 14917

The South Stream gas pipeline project is progressing, but the consortium constructing it faces some complicated tasks, Russia’s Permanent Representative to the EU Vladimir Chizhov has told Interfax.

“As concerns the legal base, Russia has signed an intergovernmental agreement with each country through whose territory South Stream will run,” Chizhov said.

“Now, naturally, is the stage of commercial agreement between the South Stream consortium, [which includes] Russia’s Gazprom, Italy’s Eni, Germany’s Wintershall, and France’s EDF. The consortium will be signing commercial agreements with all its partners in...