Wintershall, the oil and gas subsidiary of Germany's BASF, may join the South Stream project to pump Russian gas to Western Europe by the end of this year, the Kommersant business daily said on Tuesday. The South Stream pipeline to transport Russian gas to Greece, Italy, Serbia, Hungary, Slovenia and Austria bypassing Ukraine is to be built jointly by Gazprom, Electricite de France (EdF) and Italy's ENI. Its estimated price tag is 8-25 billion euro ($10.5-33 billion). Read the story here.
RIA Novosti: Germany’s Wintershall may join South Stream gas pipeline project
Gazprom head Alexei Miller and Wintershall chief Rainer Seele met in early September to address the prospects for a joint entry of Gazprom and Wintershall Holding into large investment projects of mutual interest.
