Russia confirms decision to abandon South Stream

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Series Details 10.12.14
Publication Date 10/12/2014
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Following a statement from the European Commission and several EU energy ministers [which can be found here] asking Russia to clarify its intentions concerning the South Stream project, Russian gas monopoly Gazprom confirmed on 9 December 2014 that the decision to abandon the project was final.

On a visit to Turkey on 1 December 2014 , Russian president Vladimir Putin said the project was over and that the 63 billion cubic metres per year (bcm/y) of gas would be shipped to Turkey instead of Bulgaria, which according to the Russian leader, had obstructed the project.

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Related Links
ESO: Background information: Putin says will not build South Stream gas pipeline
EurActiv, 05.01.14: Pipes for South Stream keep arriving in Bulgaria
EurActiv [Opinion], 13.01.15: A majority of Bulgarians want South Stream to be built

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