Police report six casualties in UK's NewcastleWorld June 25, 13:14
Putin offers condolences to Pakistan’s president over fire victimsRussian Politics & Diplomacy June 25, 12:39
Fire of fuel tank kills 123 people in Pakistan - TVWorld June 25, 7:58
Muslims worldwide celebrate Eid al-FitrSociety & Culture June 25, 5:18
Mexico knocks out Russia from FIFA Confederations Cup with 2-1 win in KazanSport June 24, 19:59
Putin visits Crimean youth camp ArtekSociety & Culture June 24, 19:42
Conflict around Qatar should be settled by diplomatic means - source at Foreign MinistryRussian Politics & Diplomacy June 24, 16:44
More than 237,000 fans attend Confederations Cup matches already - Deputy PM MutkoSport June 24, 15:03
Sistema's president hopes for dialogue with Rosneft on settlement agreementBusiness & Economy June 24, 14:56
BRUSSELS, January 12. /TASS/. European Commission Vice-President for Energy Union Maros Sefcovic, who is to visit Moscow on January 14, said on Monday he planned to clarify Russia’s position on the South Stream project.
He said after a meeting with Bulgarian Prime Minister Boiko Borisov that it would be his first visit to Moscow in the capacity of European Commission Vice-President for Energy Union and in this capacity he would be interested to once again clarify Russia’s position on South Stream. Sefcovic said he had already had a telephone conversation on that matter with Russian Energy Minister Alexander Novak, who had confirmed Russia’s abandonment of the South Stream project.
Problems with the construction of the South Stream pipeline began after Brussels in 2012 had initiated an investigation into the project’s compliancy with the Third Energy Package, which, among other things, bound the Russian side to reserve up to 50% of the capacity of the would-be South Stream pipeline for independent gas producers. When Russia refused to abide by these requirements, the European Commission literally compelled Bulgaria to block the pipeline’s construction. Being unable to begin the construction of the seabed section of the pipeline across the Black Sea, Russia abandoned this project and decided to build a gas pipeline to Turkey instead.