Putin scraps South Stream, Turkey, Greece new destinations

EPA/TURKISH PRESIDENTIAL PRESS OFFICE/HANDOUT

Russian President Vladimir Putin (L) and his Turkish counterpart Recep Tayyip Erdogan chat before a press conference in the new presidential palace in Ankara, Turkey, December 1.

Putin scraps South Stream, Turkey, Greece new destinations


Following opposition from the European Commission, Russian President Vladimir Putin said on December 1 that Moscow is scrapping the multi-billion dollar South Stream gas pipeline and will increase gas supplies to Turkey across the existing pipeline. Later Russian gas monopoly could build a new link and possibly work with Turkey on creating a gas hub on the border with Greece, Putin added.

South Stream would have run under the Black Sea to Bulgaria and further on to Serbia and Hungary bef...


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