• Natural Gas News

    FT: Gazprom criticises EU over South Stream gas pipeline

    old

Summary

Gazprom has accused the EU of applying double standards to block its landmark gas pipeline into Europe

by: Sruthi

Posted in:

Press Notes

FT: Gazprom criticises EU over South Stream gas pipeline

Gazprom has accused the EU of applying double standards to block its landmark gas pipeline into Europe in a case that looks increasingly likely to spiral into an acrimonious legal showdown.

The confrontation over the South Stream pipeline comes as Russian, Ukrainian and EU officials meet in Berlin on Friday to try to forge a compromise in a dispute over Kiev’s gas price and prevent supply disruptions to Europe.

Construction work on South Stream, a proposed pipeline running from the Black Sea to Austria, is expected to start next month but Russia is accusing the EU of trying to block the project because of the crisis in Ukraine. Last week, Vladimir Putin, Russia’s president, threatened to divert the pipeline and complained Brussels was “constantly throwing a spanner in the works”.
MORE