South Stream costs 'soar to $39bn'

The cost of the South Stream gas pipeline being built from Russia to southern Europe has reportedly soared due to the need to upgrade the Russian trunkline network to connect with the new route.

Symbolic: welding of two sections of the South Stream pipeline at start of construction in December
Symbolic: welding of two sections of the South Stream pipeline at start of construction in December
Published 29 January 2013, 13:11Updated 29 January 2013, 13:17
Europe