Saturday, January 17, 2009

Gazprom, ENI to handle South Stream project preparations

A joint working group of Gazprom and ENI (Italy) will meet to address preparations to the South Stream project.

The meeting was approved by Gazprom and ENI chiefs Alexei Miller and Paolo Scaroni. Miller gave Scaroni details of the ongoing gas dispute with Ukraine and steps Gazprom had been taking to resolve the standoff. Against the background of the gas row, the task of diversifying gas routes has become even more pressing. In particular, the two chiefs discussed the South Stream project which will link Russia directly to Europe and enhance its energy security.
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