Final investment decision made for South Stream in Slovenia

Gazprom and Slovenian company Plinovodi d.o.o. have signed a judgment by the participants in South Stream Slovenia to render a positive final investment decision on the construction of the South Stream gas pipeline on Slovenian territory, an Interfax correspondent reported from the signing ceremony.

Gazprom CEO Alexei Miller, Plinovodi d.o.o. CEO Marjan Eberlinc and the Slovenian company's Deputy CEO Sarah Jezernik signed the document in the presence of Russian Prime Minister Dmitry Medvedev and Slovenian Prime Minister Janez Jansa.

In addition, Miller and Comita d.d. Vice President Aljosa Ivancic signed the constituent documents (a shareholder agreement and a charter) for the joint venture South Stream Telecom AG between CJSC Gazprom Telecom and JSC Cometa.

After the talks with his Slovenian interlocutors, Medvedev said, "With joint efforts we will move forward. I especially note Slovenia's constructive role in this process. A final decision was made on [South Stream's] Slovenian section today."

"The main economic and organization parameters of the project have been determined. This is a good symbol, a good sign for other regions," the prime minister said.

Medvedev noted that the accompanying project of the laying of fiber optic cable along the onshore part of South Stream began on Tuesday.

There is, Medvedev said, an example of successful economic interaction in the field of telecommunications - the involvement of Slovenian companies in the creation of telecommunications infrastructure for the 2014 Winter Olympics in Sochi.

All rights reserved by Rossiyskaya Gazeta.

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