Exhibitions

MOSCOW. (RIA Novosti economic commentator...

On November 10, Russian President Dmitry Medvedev and Austrian Chancellor Werner Faymann discussed a possible agreement on an even bigger gas pipeline project - South Stream. It turns out that in the near future Slovenia is also going to sign an agreement with Russia allowing the pipeline to pass through its territory.

The South Stream project will provide Russian gas to South and Central Europe through a pipeline that runs along the bottom of the Black Sea. Russia"s Gazprom and the Italian company ENI are the main partners in the project. Russia and Turkey have recently agreed to allow the pipeline"s underwater segment to pass through their exclusive economic zones.

The segment of the pipeline along the bottom of the Black Sea may now link Russia with Turkey rather than Bulgaria, because of the latter"s recent demand that bilateral oil and gas agreements with Russia be reviewed.

Beyond the Black Sea, the pipeline will follow two routes - one through Greece and

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