Despite possessing better financing and greater energy benefits compared to its competitors (namely the Nabucco pipeline), the proposed South Stream pipeline has faced considerable opposition in Europe – by countries who wish to reduce the region’s reliance on Russian gas. Europe must ask itself: is politics really worth losing out on South Stream’s economic benefits?Who is compromising South Stream in Europe?The third and fourth sections of Russia’s “South Stream” will be completed by 2018. However, supranational…
Read more... Reported by OilPrice.com 1 day ago.
Read more... Reported by OilPrice.com 1 day ago.
