South Stream Transport B.V., the operator company in construction of the maritime part of the South Stream gas pipeline project, has signed all the agreements necessary for launching construction of the maritime section of the pipeline in the fall of 2014, Itar-Tass reports quouting a report by Gazprom upon a session of the company’s board of trustees that had been held in Amsterdam.
The South Stream Offshore Pipeline will run through the Black Sea from Russia to Bulgaria and have a total length of 930 kilometers. An environment impact assessment (EIA) in accordance with national environmental legislation is being conducted in Russia, Turkey and Bulgaria. In addition, South Stream Transport is undertaking an Environmental and Social Impact Assessment (ESIA) in alignment with the standards and guidelines of international finance institutions. This will involve an ESIA Report for each Sector of the Project and a consolidated document for the entire South Stream Offshore Pipeline to ensure a consistent approach, Itar-Tass reports.
