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Gazprom, OMV reach terms on Austrian South Stream construction

30.04.2014 / Energyboardroom

OAO Gazprom and OMV AG have agreed on construction terms for the Austrian section of the 32 billion cu m/year South Stream natural gas pipeline, ending in Baumgarten. The companies plan to secure all permits by yearend 2015, with first gas deliveries in 2017 and full commissioning January 2018.

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