Showing posts with label Russia Scraps. Show all posts
Showing posts with label Russia Scraps. Show all posts

Monday, December 1, 2014

Russia Scraps South Stream Gas Project: Gazprom

Russia cancels the South Stream gas pipeline project under the European Commission's pressure, the Gazprom CEO said Monday.
December 1, 2014. Russian President Vladimir Putin takes part in the fifth meeting of the High-Level Russian-Turkish Cooperation Council in Ankara.

 Russia is scrapping its much-touted South Stream gas pipeline project due to EU opposition to it and has no plans to revive it, Gazprom CEO Alexey Miller said Monday.
"The project is closed. This is it," Miller, who accompanies Russian President Vladimir Putin on an official visit to Turkey, told reporters in Ankara.