Greece Negotiating Connection To New Gazprom Pipeline

Greece yesterday negotiated on joining OAO Gazprom's South Stream pipeline project as Russia's largest energy company lines up partners for its newest export route to Europe. Chief Executive Officer substitute Alexander Medvedev talked over this question with Development Minister Christos Folias in Athens.

South Stream will connect Russia to Bulgaria via the Black Sea. Gazprom, which plans to build South Stream with Italy's Eni SpA, has already been approved by Bulgaria, Serbia and Hungary to join the project's northern link. Greece could take part in a southern link that would connect Bulgaria to Italy via a subsea connector under the Adriatic.