Tuesday, October 20, 2009

Start of construction "South Stream" at the end of 2010th

MILANO - Construction of gas pipeline South Stream will be able to begin late next year, said Executive Director of the Italian energy company Eni "Paolo Skaroni.

In an interview with Russian television station, RT, he said that studies on the feasibility of the project will be completed at the beginning of 2010th

Skaroni explained that the study "include several areas, of which the first technical because it is a very complex set up pipeline in the bottom of the Black Sea", and then will make decisions on financing and project management.

"There are several issues that need to resolve before next year a final decision on investment. The construction could be started at the end of 2010th," said the first man company "Annie."

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