Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

German Wintershall Enters South Stream Pipeline
GERMAN WINTERSHALL ENTERS SOUTH STREAM PIPELINE
Date: 22/03/2011
Source: novinite.com
German Wintershall Enters South Stream Pipeline

German company Wintershall has signed with Gazprom a preliminary agreement to acquire 15% of the South Stream pipeline.

This development gives a significant boost to the project, ahead of Russian PM Vladimir Putin's visit to Serbia and Slovenia to negotiate on it.

Over the previous months, there have been repeated reports that the German company, the largest producer of oil and gas in Germany, and owned by BASF, will be joining.

Russian PM Vladimir Putin expressed strong satisfaction about the deal, saying it is a "sign of stability" for the project.

Winteshall is expected to invest some EUR 2 M in South Stream.

Apart from Gazprom, the South Stream natural gas pipeline also features Italian company ENI. French EDF are expected to join later in 2011.

The South Stream project is aimed at strengthening the European energy security. It is the key project in the diversification strategy for gas supply routes to the EU. The South Stream gas pipeline will ensure a direct connection between hydrocarbons suppliers and consumers thus raising significantly the energy supply security on the entire European continent.



Topic: Investments



Featured District
STARA ZAGORA DISTRICT AND CITY INFORMATIONStara Zagora
Invest Bulgaria Charts
Capital and Financial Account of Bulgaria
Capital and Financial Account of Bulgaria

Gross External Debt of Bulgaria
Gross External Debt of Bulgaria

See all charts
Did You Know?
Nazdrave
Nazdrave
Making a toast when drinking liquor is de rigeur. When toasting, raise your glass and lightly clink ... More

Sofia Subway was launched in January 1998 and is the first and only network of this kind in Bulgaria. The largest streams of passengers now are reaching up to 40,000 people during rush hour. After the completion of the subway system, it will have 47 stations and capacity of more than 1,000,000 passengers per day.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2019 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


Bulgaria Translation Bulgarian Agriculture Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works, creators of Uudet Nettikasinot 2019, 最新カジノ and Svenska Casinon. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members