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2014-05-06 19:15:00

SOUTH STREAM: GAZPROM PIPELINE

SOUTH STREAM: GAZPROM PIPELINE

The EU's energy chief warned Moscow on Monday that the Ukraine crisis was hardening Brussels' stance on a gas pipeline that Russia's Gazprom is planning to build in southeast Europe.

Next month, construction is due to begin on the South Stream pipeline, which would run from the Black Sea to Austria. Gazprom has long sought to challenge EU competition rules to make the project more commercially appealing.

But in an interview with the Financial Times, Günther Oettinger, the EU's energy commissioner, said he was not inclined to waive the rules, particularly in light of events in Crimea and eastern Ukraine.

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Tags: SOUTH, STREAM, GAZPROM, RUSSIA
Chronicle:
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