GORKI - Russian President Dmitry Medvedev has said he hopes that work under the South Stream gas pipeline project will intensify.
"Let us hope that South Stream too will now get a new breath in the wake of the decisions made by Turkey," Medvedev said at a meeting with Gazprom (RTS: GAZP) chief Alexei Miller.
After Turkey allowed the construction of its section of the South Stream, all issues facing Gazprom were settled, Miller said. After that, in late 2011, decisions were made to step up work under this project and "to bring forward the commencement of this project from 2013 to late 2012," the Gazprom chief added.
In 2012 Gazprom is planning to invest 8.7 billion rubles in the implementation of the South Stream project, the company said on Wednesday.
