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    RFERL: Is South Stream The Latest Victim Of the Ukraine Crisis?

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Summary

The official position of Brussels is that the EU is ready to cooperate on South Stream once Gazprom is in compliance with the European Commission's rules.

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Press Notes

RFERL: Is South Stream The Latest Victim Of the Ukraine Crisis?

The Ukraine crisis keeps having unintended consequences. The latest is a setback for South Stream, Russia's planned pipeline to bypass Ukraine when exporting gas to Europe. Here are five things to know about the story.
 
Work at the European landfall point for Russia's South Stream pipeline beneath the Black Sea has been put on hold by Bulgaria's announcement that it will suspend the process of awarding tenders for the project.
 
Until Bulgarian Prime Minister Plamen Oresharski's surprise announcement on June 8, Moscow had been going ahead unimpeded with South Stream, which is designed to deliver 63 billion cubic meters of Russian gas to Europe.
 
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