April 27, 2009 By Grigory Pasko

Grigory Pasko: The Price of Common Sense in Pipelines

commonsense042709.jpg

How much does it cost to think?

The real cost of ambitious gas projects is surely unknown

Grigory Pasko, journalist

Если Вы хотите прочитать оригинал данной статьи на русском языке, нажмите сюда.

On Lenta.Ru I read: «The cost of construction of the “Nord Stream” pipeline is measured at 7.4 billion euros, while that of “South stream” – up to 25 billion euros». I got to thinking about these numbers. And not only because one of the head employees of the company Nord Stream, Gerhard Schroeder, had cited the cost of Nord Stream at 9 bln euros ( while in the mass media there have been mentions of a number of even 12 bln euros), and his friend, Russian premier Putin, has named a cost of construction of the «South Stream» of 10 bln euros. (In so doing, Putin underscored : “And maybe, even less, considering the fall in construction materials prices.”).

Back