South Stream Transport BV
Turkish Stream Reception Terminal Completed 95%
The construction of the receiving terminal for the Turkish Stream Offshore Pipeline reached 95% of the total volume of work.
This is stated in the message of the project company South Stream Transport BV, which is engaged in the construction of the highway.
A reception terminal is being built near the village of Kiyikey in the Thrace region in western Turkey.
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Gazprom Cancels Turkish Stream Pipeline Contract with Italy's Saipem
Gazprom subsidiary South Stream Transport BV has suspended a contract with Italy's Saipem SpA for the construction of the first line of the offshore section of the Turkish Stream gas pipeline.
Gazprom Paid USD 1 B to Eni, EDF, Wintershall for 50% Stake in South Stream
Gazprom has paid a total of RUB 56.12 B (around USD 1 B) to the European partners in South Stream Transport BV, Eni, EDF, Wintershall, for their stakes in the South Stream gas pipeline.
According to reports of the Russian energy giant, as cited by Interfax, it bought the shares in the consortium of Germany's Wintershall, Italy's ENI, and France's EDF.