Platts: Russian PM approves draft deal for South Stream gas line offshoot to Macedonia

Russian Prime Minister Dmitry Medvedev has approved the draft agreement with Macedonia to build an offshoot from the South Stream gas pipeline to the Balkan country, according to the government website.

Under Medvedev's orders published Friday, Russia's energy ministry and the ministry of foreign affairs have been asked to hold talks with Macedonia regarding the draft agreement.

Should the draft be approved by Macedonia, the two countries will carry out a feasibility study, according to the website. The route for the offshoot, its entry point and capacity is to be determined in the feasibility study.

Export volumes as well as the terms and conditions of the Russian gas supplies are to be determined by a separate contract, according to the draft agreement.   MORE