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Construction of gas pipeline South Stream under the Black Sea could start in late 2010, said in an interview with Russia Today TV Eni CEO Paolo Scaroni.

Feasibility work on the Southern stream will be completed early next year. It will cover several aspects. First of all technical, because the intersection of the Black Sea is a complex task. It will be necessary to resolve economic issues and project management before we can take a final investment decision. Construction could begin late next year - he believes.

On Monday, the Turkish side stated that the Government take all necessary decisions on granting permits to conduct exploration in its exclusive economic zone of Turkey in the Black Sea in the interests of gas pipeline project South Stream.

As stated in an interview with Russia Today Vice Prime Minister Igor Sechin, this is the beginning of concrete work.

The closer we come to the physical implementation of the project, the greater will occur in our partners. That's good. We will invite all and with all the work. The sooner we begin to work, the more partners and support, - added Sechin .

gas pipeline South Stream length of 900 km, whose mission - to bypass the unstable transit country Ukraine, must pass from the Black Sea coast of Russia and Bulgaria, and then continue to the south of Italy and Austria. Capacity of the new pipeline system is planned in the amount of 63 billion cubic meters a year. Gazprom's partner in laying the offshore section is Italian Eni, is negotiating to join the project of the French EDF.

Trading ideas for the continued growth of the market of Russia is clearly not enough, the danger of a serious correction can not be underestimated
Among the obvious leaders - shares Uralkali, which is still traded above the maximum values of the year

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