22/10/2009 11:25
Italy – Russia – Turkey “South stream” discussed
Russian Prime Minister Vladimir Putin will meet his Italian counterpart Silvio Berlusconi in St Petersburg late on Wednesday to discuss bilateral investment projects, Putin's spokesman said, “Reuters” informs.
"They will discuss specific projects including in the energy sector," said spokesman Dmitry Peskov.
Putin and Berlusconi will hold a telephone conference with Turkey Prime Minister Tayyip Erdogan on Thursday to discuss South Stream after Turkey gave green light to the pipeline to pass through its territorial waters.
Italian oil group ENI (ENI.MI) is involved in the South Stream gas pipe project which is being built under the Black Sea and is seen as the main rival to the Nabucco pipeline, backed by the European Union and the United States.
"As far as the South Stream project in the Black Sea as concerned we are working together with ENI and are now solving issues with our Turkish partners. There is an obvious movement forward," Putin told Berlusconi, informs the source.
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