Middle East Economic Survey
VOL. LIII
No 47
22-Nov-2010
CASPIAN
Gazprom And BEH Establish South Stream JVC
Russias Gazprom and state firm Bulgarian Energy Holding (BEH) on 13 November signed in Sofia an agreement establishing a 50:50 joint venture company (JVC) to build, own and operate the Bulgarian section of the 63 bcm/year capacity South Stream gas pipeline. The deal was signed in the presence of Bulgarian Prime Minister Boyko Borisov and his Russian counterpart Vladimir Putin, who said...
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