Pipe Lines Installations: News for Oil & Gas and Hydrocarbon Industries  Membership Services »
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account
Products and vendors Services and providers Jobs

This Winter Another Proof That South Stream Has to Be Built

Source: www.gulfoilandgas.com 2/15/2012, Location: Asia

Share |

Alexey Miller, Chairman of the Gazprom Management Committee held a meeting on the South Stream project implementation.

Taking part in the meeting were Leonid Chugunov, Head of the Project Management Department, Pavel Oderov, Head of the International Business Department, and Marcel Kramer, Chief Executive Officer of South Stream.

The meeting participants reviewed in detail the project's current status and noted that South Stream was fully on schedule. Particular attention was paid to meeting all conditions required to speed up the gas pipeline construction launch as early as this December, in line with the assignment by Vladimir Putin, Prime Minister of the Russian Federation. It was noted that the final investment decision on South Stream would be made in November of the current year.

At the meeting, Alexey Miller approved the South Stream Construction Charter. The document specifies the scope of work to be done at the onshore and offshore sections of the project.

“We have brought South Stream to the actual construction stage. It is no exaggeration to say that Gazprom is busy with the project 24 hours a day. This abnormally cold winter, which caused a spike in demand for Russian gas in Europe, is another proof that South Stream has to be and will be built. Europe is in need for the new corridors delivering Russian gas with no transiters,” said Alexey Miller.

Special Report

Pipe Lines Installations News in Russia >>

China Oil Demand in May 2015
China >>  5/20/2015 - Preliminary data showed steady growth in oil consumption of around 0.5 mb/d in March compared with the same quarter one year earlier, despite the easi...
Russia Economy in May 2015
Russia >>  5/15/2015 - The ruble appreciated by 11.6% against the dollar in April, marking the second month of higher value following eight months of depreciation. As a resu...

China Economy - May 2015
China >>  5/13/2015 - Chinese economic growth slowed to 7% in the first quarter, the slowest rate since early 2009. The consumer slowdown remains less marked, with retail s...
Caspian Oil Supply - April 2015
Kazakhstan >>  5/6/2015 - Oil production in Kazakhstan, Azerbaijan and FSU others, is expected to decline in 2015 by 20 tb/d to average 10.54 mb/d, 40 tb/d to average 1.61 mb/d...

China Economy - April 2015
China >>  5/5/2015 - The Chinese economy started 2015 on a weak note. According to monthly data for January to March, the Chinese economy slowed further in the 1Q15, mainl...
Asia Oil Demand in April 2015
India >>  5/4/2015 - India’s oil consumption continued to accelerate significantly in 2015, with yet another month of very positive oil demand growth data. February demand...



Related Categories: Civil Works  Construction Contractors  Electrical Works  Engineering Procurement and Construction (EPC)  Engineering Procurement and Construction Management (EPCM)  General  Mechanical Works  Pipe Lines Installations  Steel Works 

Related Articles: Civil Works  Construction Contractors  Electrical Works  Engineering Procurement and Construction (EPC)  Engineering Procurement and Construction Management (EPCM)  General  Mechanical Works  Pipe Lines Installations 


Russia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 |

More News

Oil & Gas Projects in Russia >>

Oil & Gas Companies in Russia >>

Related Links

Countries Quick Links

AZ BD BN CN GE ID IN IR JP KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas B2B marketplace:   About -  Advertising -  Competitive Intelligence -  Talent Solutions -  Membership Services Follow us on Facebook
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us  Gulfoilandgas rss feed