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Gazprom and OMV Ink South Stream Deal

Gazprom’s CEO Alexey Miller and CEO of OMV, Gerhard Roiss, signed a deal on Tuesday to build the Austrian branch of the South Stream gas pipeline.

The two company’s formed South Stream Austria, a joint venture in which both Gazprom and OMV will have a 50 percent stake each.

“This investment in European energy security will fully comply with the EU legislation,” Roiss said after the signing ceremony which took place in Vienna.

LNG World News Staff, June 24, 2014; Image: OMV

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LNG World News

Gazprom and OMV Ink South Stream Deal

Share this article

Follow LNG World News

2 thoughts on “Gazprom and OMV Ink South Stream Deal”

Gazprom buys out Eni, EDF and Wintershall out of South Stream

South Stream offshore section ready for construction

Gazprom, Srbijagas talk South Stream

South Stream designer for Hungarian section soon to be known

Centrgaz to build South Stream in Serbia

Serbia South Stream Construction Deal to Be Signed Soon

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