South Stream update

Budapest hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Viktor Orban, Prime Minister of Hungary.

The talks were focused on the issues of reliable and uninterrupted gas supplies in the coming winter period. The parties paid special attention to the implementation of the South Stream project and noted that it was progressing to schedule.

At present, a bidding procedure is underway in Hungary for selecting a contractor to carry out design & survey activities, spatial planning and environmental impact assessment (EIA) for South Stream's Hungarian section towards Baumgarten in Austria. The designer will be selected before the end of October 2014. Hungary will receive first gas via the gas pipeline in early 2017.

Adapted from press release by Hannah Priestley-Eaton

Read the article online at: https://www.worldpipelines.com/business-news/24092014/south-stream-update/