Russia’s South Stream pipe shores up hefty contracts

Russia's massive South Stream pipeline project for transporting gas to southern Europe took a step forward on the 29 January 2014 as three companies (Europipe, OMK and Severstal) secured €1 billion worth of contracts to supply part of its offshore section.

The project has been frequently put into doubt over legal conflicts with the European Union and its economic viability.

• Primary Source

ESO: Background information: Russia: EU should adapt its legislation to the South Stream bilaterals http://www.europeansources.info/record/russia-eu-should-adapt-its-legislation-to-the-south-stream-bilaterals/

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