Thursday, October 14, 2010

Gazprom May Route Pipeline Through Romania

Gazprom signed an agreement with Romania’s Transgaz to study the possibility of a South Stream gas pipeline through the country.  As Gazprom considers various routes into Europe, Alexei Miller, Gazprom chief executive, explained that an optimal route would extend under the Black Sea, and would have the capacity to deliver as much as 63 billion cubic meters of gas per year to Europe.  According Miller, however, no final, concrete route for the South Stream pipeline will be publicly disclosed until the next phase of study is completed.  

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