Gazprom: South Stream Project on Schedule (Russia)

The Gazprom Management Committee took notice of the information relevant to the results of the Consolidated Feasibility Study on the South Stream project and its readiness for working out project documents.

Specialized structural units were tasked to proceed with the South Stream project as part of the Consolidated Feasibility Study and to elaborate the relevant project documents.

“South Stream has achieved a significant progress in meeting such challenges as the Consolidated Feasibility Study development as well as engagement of new partners in constructing the offshore gas pipeline section. The entire project is progressing in full compliance with the schedule and we are confident that South Stream will be commissioned on time,” said Alexey Miller.

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Source: Gazprom, October 4, 2011