Italian energy giant Eni SpA (E), Russia's partner in its planned South Stream gas pipeline, is blocking the project's development, a top official with Russian gas company OAO Gazprom (GAZP.RS) said Friday.
Italian energy giant Eni SpA (E),
Russia
's partner
in its planned South Stream gas pipeline, is blocking the project's
development, a top official with Russian gas company OAO Gazprom (GAZP.RS) said
Friday.
"In my opinion, there's been no progress on South Stream due to the
absence of adequate work by our Italian partners," Stanislav Tsygankov,
the head of Gazprom's external relations department, was quoted by the Interfax
news agency as saying.
"They have not taken a single constructive step. There is no material
proof that they are working. I am not even talking about the payments on their
end. We are paying for everything so far."
However, Gazprom spokesman's denied any conflict in the companies' work on
South Stream, which plans to carry Russian gas under the
Black
Sea
and into the Balkans to create a new energy route to
Europe
bypassing
Ukraine
.
"Gazprom does not see any major difference of opinion in its co-operation
with Eni and realization of South Stream," spokesman Sergei Kupriyanov
told Interfax.
Russia
rejected an Eni proposal this year to merge the South Stream pipeline with the
rival European Union-led Nabucco plan, after its key partner said the competing
projects could join forces.
The EU-backed Nabucco pipeline aims to carry gas from the
Caspian
Sea
region to
Europe
and is seen as a way of
reducing European reliance on Russian gas.
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