By Michael Haltzel, co-authored by Antto Vihma, Senior Research Fellow at the Finnish Institute of International Affairs, and Michael Mehling, Executive Director of the Center for Energy and Environment Policy Research at MIT.
As Russia and Ukraine approach yet another confrontation over natural gas, the recent demise of Putin’s flagship South Stream pipeline casts doubt on his strategic acumen.
In December 2014, Russian President Vladimir Putin surprised even Gazprom’s close business partners by announcing that Russia would abandon the South Stream pipeline project. South Stream was Putin’s strategic flagship project, a controversial pipeline through the Black Sea to South-Eastern Europe, and while …read more
Source: The Huffington Post