Alexey Miller

Russia's energy giant Gazprom has decided to give Ukraine an additional week for its gas payment, setting June 9 as a new deadline.

Gazprom CEO Alexey Miller announced the move after the company received USD 786 M, the first tranche of the USD 2.237 B sum Kiev is to transfer for gas supplies within the coming days, RIA Novosti reported.

Greek officials said Thursday the country was interested in having the South Stream gas pipeline on its territory.

By Chryssa Liaggou

Major firms, including Qatar Petroleum and Gazprom, appear to be interested in creating the infrastructure to supply liquefied natural gas to ships in Piraeus. Meanwhile, the global natural gas industry is saying that natural gas as a fuel for transport could be made available at a price of just 50 percent of that paid for gasoline and 70 percent that for diesel.

The South Stream pipeline will reach Bulgaria's coast in December 2015, said   Gazprom CEO Alexey Miller, quoted by ITAR-TASS. 

The first gas deliveries for Bulgaria, according to him, are also expected then. 

“There is no doubt that South Stream everywhere gained the status of a priority national project,” Miller told the Rossiya 1 Russian national channel. 

BELGRADE - The construction of the South Stream pipeline will be realised strictly according to the plans, the Gazprom Information Department stated.

The main part of the pipeline construction in the territory of Bulgaria and Serbia will begin in summer 2014, Gazprom CEO Alexey Miller said as reported by the Voice of Russia.

The construction of the ground stretch of the South Stream pipeline in Bulgaria and Serbia  starts in May, said Gazprom head Alexey Miller.

According to a statement, published in the Russian-language section of Gazprom's website, in Bulgaria soon will be signed a contract for delivery of materials and equipment, construction and staff training.