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Commenting article: South Steam Shareholders to Strike New Agreement in 2011

A new shareholders' agreement for the South Stream gas transit pipeline will be signed in 2011, Gazprom CEO Alexei Miller has announced.

The shareholders are going to come up with a final investment decision for the construction of the Russian-sponsored gas pipeline at the end of 2012, according to Marcel Kramer, CEO of South Stream AG, as cited by RIA Novosti Thursday.

The entire technical and economic assessment of the future pipeline, for which Bulgaria will be a geographic hub, will be completed by September 2011, Kramer is quoted as saying.

Dino the Athenian - 19 May 2011 // 22:40:42

Are we still talking a Black Sea pipeline or LNG will replace that portion?

Bulgaria news (Sofia News Agency - 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." (Sofia News Agency - 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