South Stream: project of European interest

­Marcel Kramer – CEO, South Stream

Today our guest is Marcel Kramer. Russia is investing heavily in the South Stream pipeline, a direct and independent gas shipping route to Europe. But as the project is gaining momentum, there is criticism in some quarters that South Stream is unprofitable and has no future. What do the project’s leaders have to say to that? Here is the CEO of South Stream Marcel Kramer – direct from the St. Petersburg Economic Forum.