Today, at the XXIII session of the Presidium of the European Business Congress (EBC) a working meeting was held between Alexey Miller, Chairman of Gazprom's Management Committee, and Marcel Kramer, Chief Executive Officer of South Stream.

The parties noted that intensive work is ongoing in the project, including the feasibility studies for the Serbian section that was completed this week. The other studies will be completed in several months.

Alexey Miller and Marcel Kramer agreed South Stream is progressing with each passing day, and they confirmed that starting from 2015, it will ensure an uninterrupted supply of gas to European consumers.

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