South Stream closed, Gazprom builds new Black Sea pipeline to Turkey

South Stream closed, Gazprom builds new Black Sea pipeline to Turkey

Russia is scrapping its multi-billion dollar South Stream pipeline to focus instead on Turkey becoming a key gas transit hub. The announcement was made after hours of talks between the presidents of Russia and Turkey.

[youtube height=”326″ width=”580″]https://www.youtube.com/watch?v=Te289Iel73Q&list=UUpwvZwUam-URkxB7g4USKpg[/youtube]

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