Middle East Economic Survey
VOL. LIV
No 22
30-May-2011
CASPIAN
South Stream Receives Qualified Support From EC
The South Stream gas pipeline consortium presented the $21.5bn project to European Commission authorities in Brussels on 25 May as an alternative to other Southern Gas Corridor pipeline projects, namely Nabucco, Interconnector Turkey-Greece-Italy (ITGI) and Trans-Adriatic. Marcel Kramer, South Stream CEO, said that South Stream will not increase Gazproms share on the European...
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