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6/23/2007 |
Gazprom and ENI signed a Memorandum of Understanding to execute the South Stream.
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1/18/2008 |
The South Stream AG Special Purpose Entity venture was registered by Gazprom and ENI on a parity basis so, they will carry out the project using the most advanced technologies in full respect of the strictest environmental criteria.
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5/15/2009 |
Gazprom and Eni sign second Addendum to MoU on further actions as part of South Stream project. The Addendum contemplates increasing the throughput of the submerged section of the South Stream gas pipeline from 31 to 63 billion cubic meters of gas a year as well as regulates the gas marketing issues within the project.
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11/27/2009 |
Gazprom and EDF signed a Memorandum of understanding on the possibility of EDF participating in the construction of the offshore section of the South Stream pipeline.
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6/20/2010 |
Eni and Gazprom signed a Memorandum of Understanding permitting EDF to enter South Stream AG joint venture; the stake of EDF would be up to 20%.
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9/15/2010 |
The construction has begun on South Stream Pipeline in Serbia.
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11/22/2011 |
South Stream may branch off to Republika Srpska.
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12/28/2011 |
Turkey granted permit for South Stream construction. These permits allow for unhampered execution of the project for construction and operation of the South Stream gas pipeline running from Russia via the exclusive economic zone of Turkey.
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1/20/2012 |
The South Stream construction will start in December 2012 instead of 2013 as had been previously planned.
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2/28/2012 |
South Stream project schedule stipulating the pipeline's maximum capacity of 63 billion cubic meters per year.
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9/21/2012 |
Gazprom and the Government of Republika Srpska signed Memorandum of Understanding that fixes mutually beneficial partnership and cooperation.
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1/29/2013 |
The cost of South Stream pipeline has soared due to the need to upgrade the Russian trunkline network to connect with the new route.
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Key Players
Engineering
Operator
Service Provider
Vendor
