Gasunie CEO Named Head of South Stream

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

"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," , Russia's gas giant Gazprom CEO Alexei Miller announced on Saturday on the sidelines of the International Economic Forum, as cited by RIA Novosti.

Kramer said he would officially step into office on October 1.

"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.

Kramer was appointed Chairman of the Executive Board and Chief Executive Officer of Gasunie on July 1, 2005.

Kramer holds a degree in Private and Corporate Law. He was appointed Fellow of the Institute of Petroleum in London in 1987 and is professionally active in various organizations such as the International Association of Energy Economists (IAEE) and the Energy Delta Institute (EDI) in the Netherlands.

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