Gazprom head says South Stream beneficial for all

Gazprom head Alexey Miller said in his annual message to shareholders of the gas corporation that the South Stream project will be of economic benefit to everyone and will start transporting gas in late 2015, RIA Novosti reports.The official noted that deep-water construction of the pipeline under the Black Sea will start in autumn. With the launch of South Stream, underwater gas pipelines will cover two thirds of exports.

Gazprom head Alexey Miller said in his annual message to shareholders of the gas corporation that the South Stream project will be of economic benefit to everyone and will start transporting gas in late 2015, RIA Novosti reports.

The official noted that deep-water construction of the pipeline under the Black Sea will start in autumn. With the launch of South Stream, underwater gas pipelines will cover two thirds of exports.