Italian contractor filed a claim against Gazprom for the failure of the «South stream». Requires 759 million euros

Italian company Saipem in November 2015 filed an application for arbitration at the International chamber of Commerce in Paris against controlled Gazprom South Stream Transport B. V.

Saipem requires him to 759 million euros, is one of the for investors Italian contractor, RBC reports.

South Stream Transport is the construction operator of the underwater part of the «South stream» which should pass under the Black sea bypassing Ukraine, but was never implemented.

The company clarifies that this claim can be included in the total claim for damages for termination of contract and penalties with affiliated structures «Gazprom», the amount of damage calculated. 15 December, South Stream Transport was informed of the impending arbitration proceedings, it follows from the Saipem.

The representative of South Stream Transport gave the official representative of «Gazprom» that the company has received notification from Saipem to file a claim in arbitration because of a dispute concerning a contract for the construction of the «South stream». South Stream Transport tried to negotiate the dispute peacefully, but the Italian contractor decided to sue, he added.

South Stream Transport intends to defend its interests and fully contested claims Saipem, according to a company spokesperson. Details of the trial, the representative of South Stream Transport refused to comment.

We will remind, Moscow has frozen the project of construction of gas pipeline «South stream» in December 2014. Saipem, which is controlled by the Italian state oil company Eni SpA, was the main contractor of the «South stream». July 8, belonging to «Gazprom» operator South Stream Transport B. V. has terminated signed with Saipem a contract for the construction of the first offshore section of the gas pipeline «South stream». Earlier «Gazprom» has suspended work on the Eastern branch of the pipeline «southern corridor», which was originally intended for feeding gas into South stream, and after abandoning the project «Turkish stream».




Italian contractor filed a claim against Gazprom for the failure of the «South stream». Requires 759 million euros 02.02.2016

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Февраль 2nd, 2016 by
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