Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Russia, Austria Mull JV for South Stream
23.06.2014 11:48
Russia, Austria Mull JV for South Stream
Photo Credit: http://www.gazprom.com

Russia and Austria are set to establish a joint venture to implement the South Stream oil pipeline project, according to an aide to the Russian president.

      The two countries are expected to sign the agreement during the Russian president’s visit to Austria, the news agency RIA-Novosti cites Yury Ushakov as saying.

      The deal on SouthStream Austria is supposed to be inked by Gazprom’s chief Alexey Miller and the CEO of OMV Gerhard Roiss.

      Earlier, the European Commission has requested the EU member states to suspend the works on the South Stream project until Gazprom complies with the Third Energy Charter rules. In June, Bulgaria announced it would put the project on hold.

      OMV, formerly known as Österreichische Mineralölverwaltung, is a Vienna-headquartered international oil and gas company whose main businesses are exploration and production of oil and gas, natural gas distribution and power generation, and refining and marketing oil products, according to its page on Wikipedia. “With group sales of €42.41 billion, a global workforce of 26,800 in 2013 and a market capitalization of € 11.35 billion (end of 2013), OMV is the largest listed manufacturing company in Austria,” reads the Wikipedia page.

       




Author: Mikhail Vesely

Tags: Gazprom South Stream    

Next Previous


You might also find interesting:








Comment on our site


RSS   twitter      submit



TAGS:
Moscow Houses  Ecotourism  Sberbank  migration in Russia  Electronic Atlas   Multimedia Art Museum  Mercedes-Benz Fashion Week Russia  politics  Seliger  Russian life  terrorism  tourism  Tyumen  Russian websites  Russian business  Nature Reserves  Russian economy  Renaissance  Russian Character  Dolls  Russian Cinema  Russian Metro  Maria Komissarova  Art Football Festival  Olympic Truce Wall  Pulkovo aiport  Russian scientists  Exhibitions in Moscow  Astronautics Museums  Vera Glagoleva   St. Petersburg  Khoomei  RockestraLive  Roshen  Russian tourism  Epic Con Russia  Zenit St. Petersburg  Comics  Arts and Crafts  Tretyakov Gallery  Winzavod  activity holidays  Boris Nemtsov  Festivals in Moscow  Book Tickets for Concerts  Moscow  Kostroma  Russian science  Nikolai Valuev  Yamalo-Nenets Autonomous Area 


Travel Blogs
Top Traveling Sites