UPI: South Stream good for Europe, Gazprom says

Russian energy company Gazprom said it placed a high priority on developing the South Stream gas pipeline network for the benefit of European consumers.

Alexei Miller, chairman of the Russian energy company, met in Moscow with Vasily Golubev, governor of the Rostov region of Russia, which borders the Sea of Azov.

The company said in a statement both sides reviewed the prospects for the construction and eventual supplies for the planned South Stream natural gas pipeline.

"Gazprom gives high priority to developing the infrastructure for South Stream, [a] strategic project aimed at strengthening the European energy security," it said Monday.  MORE