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Bucharest
October 17, 2021
BUSINESS

US says South Stream and Nabucco could merge

Two major pipeline projects that have so far been considered rivals, the EU-favoured Nabucco and Gazprom’s South Stream, may merge, EU Ambassador to Italy David Thorne told Italian daily ‘La Stampa’ in an interview, according to euractiv.com site. “There has been progress with Russia which has improved the atmosphere,’’ Thorne added. Asked if the same was true for ties with Italian energy giant ENI, which is an important shareholder in the South Stream pipeline project Thorne said: ‘’Yes, because there have been many meetings with Paolo Scaroni in Rome and in Washington. ENI has changed its approach.”

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