Güncelleme Tarihi:
"South Stream has every chance of being realized before Nabucco," Shmatko was quoted as saying by the Interfax and RIA Novosti news agencies.
"We will start implementing this project very soon," he added.
The South Stream pipeline project is being led by Russian energy giant Gazprom and
The project is widely seen as a rival to Nabucco, a pipeline backed by the EU that would take gas from the Caspian region through
The EU has promoted Nabucco as a way to reduce its dependence on Russian gas and to avoid another disruption like Januarys gas crisis, when a price dispute between
But
Last week, Gazprom and Eni agreed to increase South Stream’s capacity to 63 billion cubic meters a year from 31 billion, in a meeting attended by Russian Prime Minister Vladimir Putin and his Italian counterpart Silvio Berlusconi.