ENI, Russia Metals and Mining

Russian Pipe Producers continue to ship for "South Stream"

Russian pipe producers continue to ship pipes for underwater part of the "South Stream" pipeline to Bulgaria, the construction of which "Gazprom" canceled two weeks ago.
Russian pipe companies continued to produce and deliver the pipes for construction of the offshore section of the "South Stream" pipeline to Bulgaria, a source in one of the pipe companies told "the Vedomosti". Oleg Kalinskiy, the director of the Development Fund for the pipe industry, confirmed this: "We have not received official notification on the suspension of the "South Stream", and we continue to operate under the previous agreements".

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