Austria Thinks South Stream Dead, Wants Clarity


VIENNA, Dec 2 (Reuters) – Austria thinks the South Stream Russian gas pipeline project is dead but needs to get more details and official confirmation, Economy Minister Reinhold Mitterlehner told reporters on Tuesday, playing down the potential impact on Austria.

"In the end we believe this is a matter that still needs to be clarified. I assume that is has really been stopped," he said after a cabinet meeting, noting the government had seen only media reports that Russia had halted the project.

"Gas supplies are not affected by this because this was a future project that would have shown its impact only in several years," he said. Energy group OMV had agreed with Russia's Gazprom this year to extend the pipeline to Austria.

(Reporting by Angelika Gruber; Editing by Michael Shields)

Copyright 2016 Thomson Reuters. Click for Restrictions.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Branch Manager for Heavy Equipment Dealership in Mississippi
Expertise: Facilities Management|Mechanic
Location: Mississippi, United States, MS
Logistics Coordinator & Optimization Analyst
Expertise: Logistics Management
Location: Billings, MT
Expertise: Heavy Machinery Operator
Location: Midland
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours