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Russia to stay away from EU meeting on South Stream on December 9 — energy minister

According to Russia's energy minister, Russia is preparing to cancel intergovernmental agreements on South Stream

MOSCOW, December 8 /TASS/. Russia will stay away from an EU meeting on the South Stream project on December 9, Russian Energy Minister Alexander Novak told journalists on Monday.

“We are not members of the European Union, and we are not planning to take part in that meeting,” Novak said.

He said that Venezuelan Oil Minister Asdrubal Chavez would visit Moscow on December 9 to discuss energy cooperation and joint Russian-Venezuelan projects. “The oil price is still a closed issue. We agreed to hold the next joint meeting with representatives of Venezuela, Saudi Arabia and Mexico /on oil prices/ in the first quarter next year,” Novak added.

Energy ministers of countries involved in the South Stream project are going to meet in Brussels on December 9. According to European Commission President Jean-Claude Juncker, the project can be implemented.