Contents tagged with South Stream Pipeline

  • Italian Construction Company Files Lawsuit against Gazprom

    A lawsuit against a subsidiary of the Russian energy giant Gazprom was filed by an Italian construction company.

    The Italian company, Saipem S.p.A., filed a lawsuit against a subsidiary of the Russian company Gazprom - South Stream Transport B.V. The claim, worth about 759 million Euros, was sent to the International Chamber of Commerce in Paris, as reported on the RBC website on Sunday.

    According to RBC, the lawsuit was filed on November 10th, 2015, and became the first major lawsuit against …

  • Construction of the South Stream Pipeline Postponed

    The construction of the South Stream Pipeline remains suspended, as reported by Bulgarian National Radio based on Russian sources. Earlier the Standard, a Bulgarian newspaper, stated that the construction of the South Stream Pipeline may resume in the next few weeks. They reported that their sources stated that the delay is due to the deterioration of Russian-Turkish relations and the refusal of the Turkish Stream project which was discussed as an alternative to the South Stream.

    On Monday, a …