Russia scraps major South Stream gas pipeline to Europe (Video)
Russia has decided to halt its South Stream pipeline project designed to pipe gas to southern European markets, bypassing Ukraine.
The project’s failure is the result of numerous reasons, with EU sanctions against Russia among them.
Russian President Vladimir Putin blamed the European Union for setting up “obstacles to prevent [the project’s] fulfillment.”
Russian president suggested that a pipeline deal with Turkey could be seen as an alternative way to supply gas to Europe.
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