South Stream Transport Terminates Production, Deliveries of Pipes

Business » ENERGY | December 19, 2014, Friday // 13:35
Bulgaria: South Stream Transport Terminates Production, Deliveries of Pipes South Stream pipes stored at Bulgaria's Varna airport. Photo: BGNES

The company South Stream Transportation notified all companies producing and delivering pipes for the halted South Stream gas pipeline project to terminate those activities, reports the Russian daily Vedomosti.

The publication quotes two sources – from the production companies and from Gazprom.

According to Vedomosti, the decision was taken on Monday by the shareholders of the company and on Thursday the pipe producers got letters of notification.

Next Monday representatives of the companies would have a meeting to decide what to do with the already produced and delivered pipes.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Energy » Be a reporter: Write and send your article
Tags: South stream, pipes, gas, pipeline, Gazprom
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria