Go to mobile


23:52 16-03-2018
Siemens supplies turbines to Gazprom for building TPS in Chechnya
23:09 16-03-2018
Why almost 100 Winn-Dixie stores are to be closed in USA
22:41 16-03-2018
US Senators are about to deal a blow to Russia’s Nord Stream 2
22:10 16-03-2018
Spain is interested in building Moscow-Kazan high-speed railway
21:46 16-03-2018
24 penthouses put up for sale in Moscow elite buildings
21:15 16-03-2018
Unique bioenergetic greenhouse complex to be built in Podolsk
20:37 16-03-2018
Number of new buildings in USA drops sharply below forecasts
20:03 16-03-2018
$175-million children's campus to be built in Russia
19:21 16-03-2018
Wintershall allocates €324m to Nord Stream 2 this year
18:52 16-03-2018
Gazprom puts on auction its construction company
22:53 15-03-2018
President Putin inspected a new airport in Crimea
22:15 15-03-2018
What is an average housing price in Russian regions
20:48 15-03-2018
Gazprom invests $890m in construction of gas transmission capacities
19:31 15-03-2018
Khabarovsk airport to be built without Japanese investments
18:54 15-03-2018
$140 million to be allocated to road bridge across Ob River
18:17 15-03-2018
French and Russian technology parks to exchange startups
17:48 15-03-2018
Azimut Hotels to open $82m hotel near Pereslavl-Zalessky
17:12 15-03-2018
Zaha Hadid Architects to create project for international airport in India
16:37 15-03-2018
Rosatom starts construction of a strategic uranium mine in Transbaikal
15:56 15-03-2018
Contractor needed to improve Moscow underground crosswalks
15:10 15-03-2018
Turkish Limak to build an airport terminal in Russian Far East
23:34 14-03-2018
Swiss Schindler to supply “smart house” technologies to Russians
23:17 14-03-2018
Chinese housing sector sees a slowdown
22:53 14-03-2018
President Putin inspected a new airport in Crimea
22:21 14-03-2018
Experts are positive about cement market
22:09 14-03-2018
Gazprombank finances airport reconstruction in Russia’s gas-rich region
21:42 14-03-2018
30 million sqm of housing to be built under Moscow renovation program
20:48 14-03-2018
Dutch architect offers Moscow his modular house project
16:18 14-03-2018
Court upholds refusal to arrest Siemens “Crimean” turbines
11:59 14-03-2018
European investors opt for warehousing property
All news


«    March 2018    »

Gazprom files €730m counter-claim against Italian Saipem

logo russianconstruction.com
Gazprom files €730m counter-claim against Italian Saipem

Hearings of the €679-million claim filed by Italian Saipem against Russian gas holding Gazprom due to the termination of a contract for construction of South Stream gas pipeline are scheduled to be held in May 2018.

However, Gazprom has filed a counter-claim for €730 million, as it follows from the company’s report.

In December 2015, the Secretariat of the Arbitration Court at the International Chamber of Commerce informed South Stream Transport B. V. (SST), which is an operator of a project for South Stream gas pipeline, that Saipem had initiated arbitration proceedings against South Stream Transport B. V.

That move of the Italian company was connected with the unilateral termination of a contract dated the 14th of March 2014 for construction of South Stream gas pipeline.

Related publications