South Stream offshore pipeline construction to begin in December

Offshore staff

MILAN – The South Stream Transport board of directors has adopted the final investment decision for the offshore gas pipeline section. The board includes representatives from Gazprom, Eni, EDF, and BASF.

Construction will start next month on the South Stream gas pipeline that will travel under the Black Sea from the Russkaya compressor station to the Bulgarian coast. The total length of the Black Sea section will be more than 900 km (559 mi) at a maximum depth of more than 2 km (1.2 mi).

The pipeline is scheduled to start production in 2015, and eventually transport up to 63 bcm/yr. It will go from Russia to reach Bulgaria, Serbia, Hungary, Slovenia, Austria and Italy in one leg, and Croatia and Greece in a second leg.

Gazprom holds a 50% stake in the project, with Eni 20%, and Wintershall and EDF 15% each.

Alexei Miller, Gazprom’s chief executive, said: “South Stream’s contribution into providing Europe with energy security is very significant. It allows us to create alternative and secure natural gas supply routes to our consumers."


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...