First branch of south stream gas pipeline to be launched by end of 2015
The first branch of South Stream gas pipeline will start to operate at the end of 2015, Vladimir Chizhov, Russia’s permanent representative in European Union, said in his interview to RIA Novosti.
Gasprom will build the gas pipeline through the Black Sea to Southern and Central Europe to diversify the gas export routes. South Stream construction started on December 7, 2012 in Anapa. It was earlier reported that the commercial deliveries are expected to start in quarter 1, 2016 and the project will reach the full capacity of 63 billion cub.m. a year in 2018.
The first branch of South Stream will be launched by the end of 2015, Chizhov said.—0—
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- Economics
- 11 February 2014 10:54
Economics
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Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
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