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Gazprom disbands department in charge of South Stream management

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Gazprom disbands department in charge of South Stream management

Gazprom Corporation is disbanding Department 337, which has previously been known as Department for Project Management, a number of sources told Interfax on Monday.


The department, which is directly accountable to Chairman of Gazprom Board of Directors, was established in 2009. The structure was entrusted with tasks connected with implementation of the “South Stream” project, in particularly, on the territory of Russia, Europe, as well as the construction of the offshore part of a gas main line.

Since the department’s establishment, its functionality has been raising many questions, since a number of relative departments, for example, those managing foreign economic activity, strategic development, transport, investments and construction, have already been dealing with these tasks earlier.

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