South Stream chief seeks EU level playing field

Report of a FT interview with Marcel Kramer, the head of the Russian-backed South Stream pipeline, February 2011. He said that the European Union should create a level playing field among the various projects to bring gas to Europe along new routes.

He rejected claims that South Streams’s primary purposes was to frustrate Nabucco, a rival gas project backed by €200m in EU funding that hoped to transport gas from the Caspian basin to Europe.

ESO: Background information: US says South Stream and Nabucco could merge http://www.europeansources.info/record/us-says-south-stream-and-nabucco-could-merge/

ESO: Background information: Europe's southern gas corridor: The great pipeline race http://www.europeansources.info/record/europes-southern-gas-corridor-the-great-pipeline-race/

Wikipedia: South Stream http://en.wikipedia.org/wiki/South_Stream

---