Will Ukraine crisis derail Russia's southern gas pipeline? - CSMonitor.com:
"When completed, the South Stream pipeline will run from Russia, underneath the Black Sea to Bulgaria, and on to Western Europe. It will carry Russian natural gas to Europe while bypassing Russia’s neighbor Ukraine. Russia clearly finds this pipeline to be strategically important – the Kremlin would be able to operate with greater freedom when using natural gas to bully Ukraine, and it wouldn’t have to worry about angering its large customer base in Western Europe. However, the project is very much in doubt as the standoff between Russia and Ukraine has escalated once again."
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