Russia to meet South Stream project schedule

31/7 Tass 89

LJUBLJANA, July 31 (Itar-Tass) — Russia will meet the deadlines of the South Stream gas pipeline project implementation, its gas will be enough for all of Europe, chairman of the State Duma lower house of RF parliament Boris Gryzlov said after talks here.

“The South Stream project is implemented in full compliance with all agreed time schedules,” he stressed. State Duma speaker noted that the construction of the pipeline is to be launched by 2013, and the first supplies of Russian natural gas to southern Europe are planned for 2015. According to Gryzlov, the annual gas supply volume will be 22-24 billion cubic metres.

“This is a most important project,” the speaker of the upper house of parliament continued. “In parallel, we are implementing the Nord Stream project. As we have seen in recent years, Europe is freezing, it snows when there is summer in Russia,” Gryzlov noted. “That is why Europe needs Russian gas.” “Russia for its part is ready to meet all the deadlines,” he promised once again. “There will be enough Russian gas for everybody.”

Leave a comment