Final investment decision on South Stream in Croatia to be made in November

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The FINANCIAL — Led by Leonid Chugunov, Head of the Gazprom Project Management Department, Company's delegation made a business trip to the Republic of Croatia.As part of the visit, the talks were held with Mladen Antunovic, President of the Board of Plinacro, on the South Stream project implementation in Croatia.


Radimir Cacic, Croatian First Deputy Prime Minister and Minister of Economy welcomed the delegation. The parties reviewed the progress with the South Stream project highlighting its strict compliance with the schedule.


According to Gazprom, the meeting participants stressed the need for the project to receive the national status in Croatia. In addition, it was agreed that the final investment decision would be made by November 15, 2012. Following the meeting, the Croatian party proposed for consideration by Gazprom some alternative approaches to the project implementation in Croatia.



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