EUROPE

Gas no longer in the pipeline as Russia gives Italy the boot

GAZPROM has abandoned its plans to build a spur of its South Stream gas pipeline to Italy, a day after it signed a memorandum of understanding with OMV to build a branch to Austria.

Gas no longer in the pipeline as Russia gives Italy the boot

The 2500km pipeline is estimated to come at a cost of $US40 billion ($A43.1 billion) and will carry 63 billion cubic metres of gas per year from Russia, under the Black Sea through Bulgaria and Serbia...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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