Gazprom’s Nord Stream-2 received the first construction permit from Germany last week as Berlin sees a direct pipeline from Russia as a step towards improving the energy security of one of Europe’s biggest economies.

Chris Weafer, a partner at Macro-Advisory in Moscow told New Europe, that both Nord Stream-2, which will bypass Ukraine from the north, and Turkish Stream in the south “are more likely than not because the recent explosion in Austria and the problems of supply in the UK and Norwa...

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