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Putin: Russia forced to withdraw from South Stream project due to EU stance

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Dec. 1, 2014

Russian President Vladimir Putin (L) and President of Turkey Recep Tayyip Erdogan during a meeting in the Presidential Palace in Ankara December 1, 2014. (RIA Novosti / Michael Klimentyev) Russian President Vladimir Putin (L) and President of Turkey Recep Tayyip Erdogan during a meeting in the Presidential Palace in Ankara December 1, 2014. (RIA Novosti / Michael Kli

Russia is forced to withdraw from the South Stream project due to the EU’s unwillingness to support the pipeline, and gas flows will be redirected to other customers, Vladimir Putin said after talks with his Turkish counterpart, Recep Tayyip Erdogan.

"We believe that the stance of the European Commission was counterproductive. In fact, the European Commission not only provided no help in implementation of [the South Stream pipeline], but, as we see, obstacles were created to its implementation. Well, if Europe doesn’t want it implemented, it won’t be implemented,” the Russian president said.

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http://rt.com/business/210483-putin-russia-gas-turkey/