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By "South Stream", Austria.

Austria became the seventh member country of the land of the project, after Bulgaria, Hungary, Serbia, Greece, Slovenia and Croatia.

On April 24 in Vienna, Gazprom and the Austrian company OMV signed a basic agreement on cooperation on the project "South Stream" in the territory of the Republic of Austria.

Previously, Russia had already signed the necessary documents with all the countries through which the pipeline will pass.

joint venture between Gazprom and the Austrian company OMV will be established on a parity basis. Austria is one of the main gas controllers in Europe. Through its gas-distribution center is about 40 billion cubic meters of Russian gas annually, representing more than 30% of all Russian gas exports.

In "South Stream" Austria will annually receive not less than 2 billion cubic meters of gas.

launch gas pipeline South Stream "is scheduled in December 2015, while the volume of delivered gas to Europe under the new GTS will amount to 63 billion cubic meters of natural gas a year. A Ukrainian GTS is held annually to 125 billion cubic meters of Russian gas, that is about 90% of all exports to Europe gas.

Agreement on the participation of Austria in the construction of gas pipeline South Stream was signed during a visit to this country, Prime Minister Vladimir Putin.

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