Slovenia's South Stream Partner Considers Pipeline Project Not Yet Buried

Slovenias South Stream Partner Considers Pipeline Project Not Yet Buried
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Παρ, 12 Δεκεμβρίου 2014 - 19:10
Slovenia's Plinovodi,Gazprom'spartnerfor the South Stream,will be officially informed about the fate of the projectin ealy 2015 and the two sides will continue talks then, Plinovodi CEO told local media after a visit to Moscow
Slovenia's Plinovodi,Gazprom'spartnerfor the South Stream, will be officially informed about the fate of the projectin ealy 2015 and the two sides will continue talks then, Plinovodi CEO told local media after a visit to Moscow.

"We exchanged opinions on how to proceed and we will meet again at the beginning of next year," MarjanEberlinc said as quoted by daily Delo, adding thatGazprom will senda written opinion.

The Russian side said that a car does not come to a complete stop when you pull over, it takes some time,Eberlinc added. Much will also dependon international relations. The CEO seems not to have lost hopealthough Gazprom confirmed on Tuesday its decision to abandon the project.

The Russian side recognized the Slovenian team as the best partner in the project as it complied with all its contractual obligations and invested some 150,000 euro ($ 186.000)in the project, Eberlinc noted.

Plinovodi will continueto workon the project, until itgets different official information, Eberlinc told reporters on December 3 afterRussia's unexpectedwithdrawal from South Stream.

Slovenia and Russia signed an agreement on cooperation in the construction and operation of the pipeline on Slovenian territory in 2009.The South Sream project was approved by parliament in 2012 and the country made also investment commitments.

The Slovenian section of the South Stream was planned to be 266 kilometres long and was estimated to cost 1 billion euro.

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