“The project was planned to be implemented under the conditions of project financing, that is why after the start of works, the active phase, this question should be raised again”, - said Fayantsev during the phone conferencing.
He reminded that it was South Stream Transport B.V., a subsidiary of Gazprom, that was engaged in implementation of the offshore part of the project.
As a reference, Russia and Turkey are unfreezing the project of construction of the Turkish Stream gas pipeline – the corresponding agreement was reached on Tuesday, during the negotiations between two leaders, Vladimir Putin and Recep Erdogan.