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23:33 20-04-2018
Minister reveals a new strategy for housing construction in Russia
22:47 20-04-2018
High-tech waste recycling plant to be built in the Moscow region
22:18 20-04-2018
Russia’s first 5-star Marriott Modern hotel opens in Voronezh
21:55 20-04-2018
20% stake in oldest plant producing aluminum goods is put up for auction
21:29 20-04-2018
Five plants for wood waste processing to be built by Chinese in Russia
21:02 20-04-2018
Truck traffic movement along the Crimean bridge to be launched in October
20:31 20-04-2018
Syrians ask Russian companies to build housing in Damascus and Aleppo
23:37 19-04-2018
Austrians may create a “Smart City” in the Crimea
23:05 19-04-2018
Pushkin Museum seeks contractor for reconstruction of a manor house
22:34 19-04-2018
Lithuania’s first Marriott hotel to be built on the site of an old stadium
21:50 19-04-2018
Foreigners rent elite cottages in Moscow region for 2018 World Cup
21:22 19-04-2018
Sports complex with a 3D facade will be built in Moscow
20:15 19-04-2018
Dutch architect Winy Maas to talk about modern housing at Kaliningrad forum
19:48 19-04-2018
Czechs and Americans bought out all offices in Metropolis complex in Moscow
23:09 18-04-2018
Investments in China’s real estate soar, hitting a three-year high
22:11 18-04-2018
Experts name the cheapest resort destinations in Europe
21:32 18-04-2018
Gazprom and Saudi Aramco will create a joint coordinating committee
21:07 18-04-2018
$1,9 billion to be allocated for capital construction of military facilities in Russia
20:53 18-04-2018
A kindergarten with Spanish graffiti will be built in Moscow
20:14 18-04-2018
High-tech diamond enterprise will be set up in Moscow
19:51 18-04-2018
Two new metro stations to be built in northern Moscow
23:54 17-04-2018
High-speed railway from Vladimir to Nizhny Novgorod airport is approved
23:03 17-04-2018
Russian scientists developed a transport model for Cote d'Ivoire
22:47 17-04-2018
Prosecutor General's Office will closely monitor Vostochny Cosmodrome project
22:12 17-04-2018
Volvo launches a new line of rock haulers
21:50 17-04-2018
Experts reveal why there are more new houses in USA
20:24 17-04-2018
Japanese-Russian medical centers to be set up all over Russia
19:50 17-04-2018
More fast food outlets will emerge in Moscow
23:36 16-04-2018
Apartments in Trump Tower have lost their appeal for buyers
23:14 16-04-2018
$15,7 billion invested in Dubai real estate in 2018
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Gazprom allocates €310m for Turkish Stream construction

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Gazprom allocates €310m for Turkish Stream construction

The Board of Directors of Gazprom approved loan extension to South Stream Transport B.V. in amount of €310 million for a period of 3,5 years.


The funds are intended for financing of Turkish Stream project, the documents published by Gazprom say.

According to the statement, South Stream Transport B.V. will allocated the borrowed funds to cover expended related to the concluded contracts on supplies of pipes and its equipment, storage and execution of assembly and construction works, as well as to other contracts on products purchase and general administrative expenses.

As a reference, Turkish Stream was announced by Russian leadership in December 2014 and was intended to replace South Stream project.

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