Italy: South Stream pipeline is no longer a priority

Italian Industry Minister Federica Guidi said last week that the South Stream gas pipeline project, which was put in doubt after Russia's annexation of Ukraine's Crimea peninsula, is no longer a priority. Plans to build the $40 billion (€32bn) pipeline carrying enough Russian gas to meet almost 15% of European demand while bypassing Ukraine have divided European Union member states and run into opposition from the European ...

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