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    South Stream's Loss is Nord Stream's Gain?

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Summary

Kommersant reports that discussions scheduled at a meeting in Hanover between German Chancellor Angela Merkel and Russian President Dmitry Medvedev...

by: C_Ladd

Posted in:

South Stream Pipeline, Nord Stream Pipeline, Pipelines

South Stream's Loss is Nord Stream's Gain?

Kommersant reports that discussions scheduled at a meeting in Hanover between German Chancellor Angela Merkel and Russian President Dmitry Medvedev will include a possible expansion of the Nord Stream pipeline project.

Russia will be courting Germany's support for an expanded Nord Stream, should the South Stream pipeline project stall by failing to reach an agreement with Turkish authorities on the matter of the pipeline transiting through Turkish territorial waters.

Russian Prime Minister Vladimir Putin first made mention of a possible third line of Nord Stream last week (Read: Will Nord Stream Have a Third Line?)

Read the Full Article from Kommersant (in Russian) HERE