Gazprom notifies Saipem of the start of construction of an offshore part of “Turkish Stream”

Gazprom’s subsidiary South Stream Transport BV has notified its contractor Italian Saipem of the start of construction of an offshore part of the pipeline in the Black Sea.

In March 2014, Gazprom, represented by South Stream Transport B.V. and Saipem S.P. concluded agreements for the construction of the first of four branches of an offshore part of the gas pipeline “South Stream”. But the project has been blocked by the EU Commission.

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