Abc.az: Russia to close South Stream gas project and introduce 100% gas prepayment for the EU, as tit-for-tat sanctions

Russia is ready to leave European gas market or at least freeze its presence there, as tit-for-tat sanctions.

To prepare Russian and the world public for its decision to put an end to the period of European stability basing on the gas pipeline project between the USSR and Western Europe, Russia allowed leak of information on a package of proposals supposedly submitted by Rosneft (Russian Oil Company) to President Putin. The proposals were supposedly considered by Andrey Belousov, Advisor to Russian President, and passed for interdepartmental consideration, which is still in process.

Thus, “Rosneft” (in inverted commas, as the authorship of Rosneft has not been officially confirmed) proposed the following: - to close the South Stream gas project; - to introduce 100% gas prepayment for the European buyers;
MORE