Add to favorite
 
123
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa


The Cost of Construction of Turkish Stream Suddenly Went Up
February 11, 2018 00:09


(Source: https://112.ua/mir)

The cost of construction of Turkish Stream gas pipeline suddenly went up by one billion dollars, while the costs of the project are likely to be completely transferred to Gazprom's balance sheet. This was told by the Deputy Chairman of the board of gas monopoly, Andrei Kruglov, at the meeting with investors in London.

"Previously, we said that the cost of the project would be about six billion, now we estimate it around seven billion. We do not exclude the possibility of project financing. But proceeding from the existing reality, most likely the Turkish Stream will be financed from the budget of Gazprom", Kruglov said, noting that to implement the project the company plans to issue special bonds.

A similar scheme was already used by Gazprom in the construction of North Stream -1. In December 2017 it became known that due to potential sanctions from the USA, the company sharply increased its investments in its gas pipeline projects.


Sources: http://lenta.ru 


Author: Anna Dorozhkina

Tags:      

Next Previous

You might also find interesting:

Central Bank Approved Credit Lines For Several Russian Banks Last Soviet Burden UBS Fulfills the Law On Controlled Foreign Companies (CFC) Rosatom Leads the World Market Transparency International: Annual Report on the Level of Corruption









Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Russian football  Concerts in St. Petersburg  Big Four  coronavirus  Market Regulation  Radio  English Courtyard  Priamurie  Lipetsk Region  PayPal  fashion designer  Stavropol Territory  Russian regions  Russian actors  Moscow City Guides  Architecture Monuments  Russian tourism  Festivals in Moscow  Mercedes-Benz Fashion Week Russia  Mikhail Khodorkovsky  Moscow  Karachay-Cherkessia  federal budget  Lokomotiv  JAZZ style August  The Russian Military Historical Society  Samara  Volgograd  Platon Lebedev  Murmansk  Krasnodar Territory  Olympics 2012  Exhibitions in Moscow  Metro Gallery  Solovetsky Monastery  travel to Russia  Russian journalists  Russian opera singers  criminality  Berlinale  Russian Cinema  Maria Alyokhina  Lev Yudin  Ukraine crisis  Smoking in Russia  St. Petersburg  Russian business  Stepan Kolesnikov  Game of Thrones  Russian Monuments 


Travel Blogs
Top Traveling Sites