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Gazprom CEO names chairman of South Stream project

19 June 2010 21:13 (UTC +04:00)

Baku-APA. The head of the Dutch Gasunie company, Marcel Kramer, has been named chairman of the board of directors and executive director of the South Stream gas pipeline project, Russia’s gas giant Gazprom CEO Alexei Miller announced on Saturday, APA reports quoting RIA Npvosti.
"The [South Stream] project is progressing month to month and the time has come to bring light into the relation of its managers. I would like to introduce this person to you, he is Marcel Kramer," Miller announced on the sidelines of the International Economic Forum in St. Petersburg.
Kramer said he would officially begin his new position on October 1 of this year.
"I need to step down from my current position at the end of August...my replacement has already been found, and then I will wait until I begin working on South Stream," the current Gasunie president said.