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Gazprom to start supplies to Austria via S Stream late ‘16

Gazoprovod03VIENNA, Jun 24 (PRIME) -- Gazprom will start supplies to Austria through the South Stream pipeline in late 2016, a representative of Gapzrom’s Austrian client OMV Robert Lechner told reports Tuesday.

“We expect that gas will start coming to a distribution depot in Baumgarten in late 2016 or the beginning of 2017,” Lechner said.

On June 20, the European Commission said that the laying of South Stream must be suspended until the project is fully adjusted to the E.U. legislation, but Austria said that the contract to lay the South Stream pipeline across Austria will be signed anyway.

The Austrian segment with the destination point in the city of Baumgarten will have a capacity of 32 billion cubic meters annually, which will be reached in January 2018.

Austria initially planned to cooperate with Gazprom on the South Stream, but later decided in favor of the Nabucco pipeline, pushing Gazprom to plan the South Stream route through neighboring Slovenia.

Russia and Austria restarted their talks on the issue when the Nabuccî West project lost Shah Deniz gas pumping rights to the Trans-Adriatic pipeline.

End

24.06.2014 15:08
 
 
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