Russia and Turkey have agreed to build a new offshore gas pipeline:
"Gas dynamics in Europe have taken a surprise twist with announcement Monday that Russia and Turkey have agreed to build an offshore gas pipeline.
Gazprom’s head Alexey Miller said that a memorandum of understanding had been signed for the construction of an offshore gas pipeline to Turkey with the annual capacity of 63 billion cubic meters, the same volume as the proposed South Stream pipeline.
Speaking about South Stream, Miller said, "That’s all, the project is closed."
'via Blog this'
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