Gazprom has offered Austrian oil and gas company OMV access to its South Stream project. This is a further step in Gazprom's aim to build an additional pipeline alternative to its core pipeline routes via Ukraine and Belarus; it is the southern equivalent to the North Stream pipeline linking Vyborg to Greifswald (Germany).
OMV’s response may be a crucial not so much regarding the eventual route of a new pipeline, construction costs and length, but in terms of gas supplier countries. Nabucco – put forward in 2002 and … Continue Reading ››