Yesterday we expressed our fear that Europe could have missed the boat with South Stream and indeed, Gazprom Deputy Chief Executive Officer Alexander Medvedev confirmed that South Stream is history and that instead “the Turkish Stream” is going to be build, even if the EU showed signs of being prepared to make a U-turn. And we believe Russia is credible. The European loss of face is enormous.…Not only loss of face, as the post goes on to say.
Deep Resource
Moscow Confirms “Turkish Stream”
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