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Monday, February 09, 2009

Gazprom estimates South Stream cost

RBC, 06.02.2009, Moscow 19:20:42 - Gazprom puts the total cost of the South Stream project at EUR 25bn, the gas giant indicated in an investor roadshow. The gas pipeline's underwater section will cost EUR 4bn to build, while the construction of a further onshore arm to Austria and Greece is estimated at EUR 15-20bn.

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