• Natural Gas News

    Sputnik: South Stream Cancellation Result of ‘Russian Behavior’: US Security Adviser

    old

Summary

US National Security Adviser says the announcement of Russia not being able to move forward with its South Stream gas pipeline is a consequence of its behavior

by:

Posted in:

Press Notes

Sputnik: South Stream Cancellation Result of ‘Russian Behavior’: US Security Adviser

Russia’s announcement of not being able to move forward with its South Stream gas pipeline is a consequence of the country’s behavior, and such repercussions to the country’s economy “will mount,” US National Security Adviser Susan Rice said Tuesday.

"The news that Russia has pulled back from its South Stream pipeline to southern Europe… is indicative of the mounting cost of that Russia is paying for its behavior,” Rice said. “As a result, a major project, which had been championed by Putin and the Russian government, is now not likely to materialize."

Rice said that the sanctions, imposed on Russia by the West, have made the country suffer significantly over the last year, and warned that if Moscow continued on with “illegal and destabilizing” actions, that consequences would intensify in the future.

MORE