Reuters:
Austrian steel and technology group Voestalpine said talks with Moscow to supply steel for its planned South Stream Gas pipeline were on track, despite escalating tensions between Russia and the West.
Russia's annexation of Ukraine's Crimean peninsula earlier this year marked the biggest East-West crisis since the Cold War and focused politician's minds on reducing the European Union's reliance on Russian gas.
There are concerns in Brussels that the 2,400 kilometer South Stream pipeline, which would reach Bulgaria and other EU members, would further cement Russia's dominant role and regulatory approvals have been put on hold.