VOL. XLII

No. 06

8-February-1999

FSU

ENI And Gazprom Sign MOU For Blue Stream Project

Italys ENI and Gazprom of Russia signed on 3 February aMemorandum of Understanding (MOU) covering the construction of a 400-km.natural gas pipeline running across the Black Sea from the southern Russiancoast to Samsun in Turkey. Known as the Blue Stream project, the MOU alsoincludes the construction of a compressor station at Dzhubga, Russia. It is thecrucial link of a proposed gas pipeline system that will run...