Russian helicopter crews hold drills in TajikistanMilitary & Defense June 28, 8:20
Japanese business delegation visits Russia’s Kuril IslandsRussian Politics & Diplomacy June 28, 7:30
Kiev, Paris agree to ‘revive’ Minsk deal ahead of Normandy Four meeting — PoroshenkoWorld June 28, 7:25
CNN will not get away with Syrian boy video — Russian Foreign Ministry spokeswomanWorld June 28, 3:12
WADA move shows trust in Russia’s anti-doping measures — ministerSport June 28, 1:02
US disciplinary procedure against jailed Russian businessman Bout delayed — attorneyWorld June 27, 23:16
FIFA report on Russia’s 2018 World Cup bidding proves legitimacy of its win — deputy PMSport June 27, 21:08
FIFA report on Russia’s 2018 bidding dismisses Western media allegations — LOC chiefSport June 27, 19:53
Encrypting ransomware Petya attacks computers worldwide — Kaspersky LabBusiness & Economy June 27, 19:23
Speaking at a press conference in Brussels, Georgieva said the EU’s executive branch, the European Commission, didn't seek to close the Russia-led project, but insisted that it should be in line with the EU legislation and give access to other companies in the interests of fair competition on the market.
A deputy chairperson of the Bulgarian parliament’s energy commission, Martin Dimitrov, said on Tuesday he anticipates “hysterics” in Bulgaria following Russia’s move to scrap the project.
Serbian Prime Minister Aleksandar Vucic said earlier on Tuesday that Russia’s decision was “bad news.” Serbia “has been investing in this project for seven years, but pays the price for the confrontation between two great /powers/,” he said.
President Vladimir Putin said on Monday that Moscow would not be able to proceed with the construction of the South Stream project citing the EU’s “unconstructive position.” The Russian leader said Moscow has failed to receive permission from Bulgaria.Gazprom CEO Alexey Miller later confirmed that the South Stream project has been closed.
The European Commission has decided on December 9 to hold a special coordinating meeting with the governments of the EU countries to discuss the South Stream issue despite Russia’s move to drop the project.
South Stream was expected to run across the Black Sea to Southern and Central Europe - Bulgaria, Serbia, Hungary, Austria, Italy and Slovenia. Now Moscow plans to develop a “gas hub” to Southern Europe via Turkey.
Bulgaria’s annual loss of suspension of the South Stream project is estimated at €400 million.
THE MAIN EXPORT ROUTES OF RUSSIA’S NATURAL GAS SUPPLIES TO EUROPE. Infographics by TASS