BRUSSELS—The vice president of the European Commission, Maroš Šefcovic, was contacted on Thursday by Russian energy minister, Alexander Novak, and confirmed that Russia’s plans for the South Stream pipeline project would not be developed any further.
The South Stream project would have run a pipeline under the Black Sea to transport gas from Russia to the EU through Bulgaria.
Since Russia was to be the owner of the gas and the pipeline, the project violated the EU’s anti-monopoly laws and the project was frozen in June of this year. Russian President Vladimir Putin announced while in Turkey on Dec. 1 that the …read more
Source: The Epoch Times
