Sunday, May 24, 2009

Slovenia to sign South Stream project deal

"The Russian Federation is close to concluding agreements with Austria and Slovenia on their participation in the South Stream gas network project launched by the Russian oil and gas giant Gazprom Russian and Slovenian officials said in Moscow and Ljubljana on Friday.

Slovenia will sign the agreement in June Slovenian Economy Minister Matej Lahovnik said at a news conference in Ljubljana.

The South Stream pipeline will transport Russian natural gas via the Black Sea and Bulgaria to Italy. 'Slovenia has made this decision and wants to be a part of this project. We are working on a final text of the agreement and we expect its signing in June ' Lahovnik said after meeting Igor Shchegolev the Russian Minister of Telecommunications and Mass Communications."

Source: SEE news

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