Amid spiraling tensions with the West, Russian President Vladimir Putin announced Monday that Moscow is spiking a multibillion dollar gas pipeline project for southern Europe and will focus instead on boosting its energy ties with Turkey.Moscow will increase gas supplies to Turkey across the existing pipeline and later could build a new link and possibly work with Turkey on creating a gas hub on the border with Greece, Putin said.He argued that the EU’s opposition to the South Stream pipeline — which would have run under the Black Sea to Bulgaria and further on to southern Europe — meant Russia …read more
Source: The Jakarta Post
