Gazprom ready to complete South Stream without international finance — RT Business

Gazprom ready to complete South Stream without international finance — RT Business:



"Gazprom is ready for the worst case scenario and can complete the South Stream project without outside money, said Gazprom Deputy Chairman Alexander Medvedev. The EU is calling for the project to be halted as it hurts European energy security.



“If you ask me if I’m ready for the worst case scenario, I'd say 'Yes, we are ready," Medvedev told journalists on Tuesday in Moscow.



He said the company would use financing schemes similar to those used in the Nord Stream and Sakhalin-2 projects that turned out a success.



The statement comes on the day the European Commission told Bulgaria to suspend preparatory work on South Stream, as it could damage EU energy security."



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