Gazprom plans to ink an agreement with DESFA on building the Greek segment of the South Stream project, RBK has reported. DESFA operates Greece's national gas transport system. Under the agreement, Gazprom and DESFA will set up a joint venture on an equal basis which will build and operate this segment of the pipeline. Greece joined the South Stream project in 2008.
Gazprom, Eni and Electricite de France are working together on building the South Stream pipeline across the Black Sea. The marine segment of the pipeline is to pass along the bed of the Black Sea from the port Beregovaya compressor station on the Russian coast to the Bulgarian coast. It is to be 900 kilometers long and cross depths as great as 2 kilometers. The pipeline will have a capacity of 63 billion cubic meters of gas.