Thursday, January 31, 2008
Austria Signed a South Stream Deal with Gazprom
29.01.2008 - [Neftegaz.RU] - Russia's gas monopoly Gazprom signed an agreement with the Austrian company OMV for the transfer of 50 percent of the Central Europe Gas Hub, a subsidiary of OMV Gas International. U.S. officials are reported by Reuters to have expressed their dismay at the recent deals at a meeting between U.S. and Serbian officials in Belgrade, saying that the move increases Europe's dependence on Russia for gas. The U.S. expressed its preference for the Nabucco pipeline, which will run through Austria, Bulgaria, Romania and Hungary and will be completed in 2011, that is, two years ahead of South Stream.
# posted by Deval : 5:17 PM
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