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Russian Gas pipeline through Croatia deal done
Croatian Times
Representatives from the largest extractor of natural gas in the world, Russia's biggest company, Gazprom, and Croatian natural gas transmission system operator Plinacro, have agreed technical details for the transit route for the south stream gas pipeline to run through Croatia, writes daily newspaper Jutarnji list.
If the Russian government and Gazprom decide that the south stream pipeline will pass through Croatia instead of Hungary, then construction is set to begin on the pipeline in 2015 in Croatia.
"At the moment the chances are 50:50 that we get the transit route of the south stream," says a source invloved in negotiations with Gazprom. A decision from the Russians is expected in the next two months as Gazprom have decided to begin construction of the pipeline in December this year.
If Croatia join the south stream project, then the transit route would be much shorter, therefore greatly reducing the cost of construction. According to the agreed technical plan between Plinacro and Gazprom, a completely new pipeline, 270 kilometers in length, would be built through the country. The value of the investment is around 600 million euros.
Tag cloud transit built construction euros Croatia negotiations length value kilometers stream Russian Plinacro Russia shorter investment pipeline invloved Gazprom reducing route
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