KYIV, Ukraine, September 19, 2011 /PRNewswire/ -- The President of Ukraine Viktor Yanukovych claims that the cost of the construction of the South Stream gas pipeline will

Turkey has OK'd a transit agreement for the Nabucco pipeline intended to reduce European dependence on Russian gas, the European Union said. An intergovernmental pact to be signed in Ankara July 13 will expedite construction of the pipeline and bring Caspian and Middle East gas to Europe as early as 2014, E.U.

Russian natural gas giant Gazprom and Italian gas company Eni agreed to double the capacity of the proposed South Stream natural gas pipeline. Gazprom Chief Executive Officer Alexei Miller and Eni CEO Paulo Scaroni signed an agreement to raise the capacity to 63 billion cubic meters a year.

The Russian energy giant Gazprom said it will sign agreements with Bulgaria, Serbia and Greece on its South Stream gas pipeline to Europe. Alexander Medvedev, the deputy director of Gazprom, told the Bulgarian Vesti TV channel Tuesday that all technical and economic assessments of the $13 billion South

Text of report by corporate-owned Russian news agency Interfax Moscow, 8 October: Russia's decision on its involvement in the construction of the Nabucco gas pipeline will depend on the situation in the region, Russian First Deputy Foreign Minister Andrey Denisov has told Interfax.