“ Today, Gazprom signed an agreement with Eni, Wintershall and EDF regarding the acquisition from them 50% of the company South Stream Transport BV “, said in a statement the company, which already owns the remaining 50%.
This announcement was confirmed by similar releases EDF, which owned a 15% stake, and Wintershall (15% well).
Private Initiative Russian groups Gazprom and Italy’s Eni at a cost of 16 billion euros, the South Stream project was abandoned in early December by Moscow on funds strong tensions between Russians and Westerners as part of the Ukrainian crisis.
The pipeline, expected to ensure energy security of the European Union through Russian gas supplies, was about 3,600 km linking Russia to Bulgaria before heading to Western Europe via Serbia , Hungary and Slovenia.
Launched in December 2012 before the Russian-Ukrainian conflict, it was initially to diversify the routes of Russian gas, bypassing Ukraine currently transits where almost half of Russian supplies to the EU .
The pipeline would have a capacity of 63 billion m3 per year, equivalent European purchases of Russian gas through Ukraine.
Instead, Russia plans to build a new pipeline to Turkey, it already supplies via the Black Sea through the Blue Stream gas pipeline and make the country a major transit country for Russian gas .
The Russian giant Gazprom has already announced the creation of the company in charge of building a new pipeline to Turkey, with which it hopes to replace the South Stream project.
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