Russia adds final pieces to 'South Stream' puzzle

By signing agreements with Austria and Slovenia, Russia has edged closer to finalising the legal framework for its 'South Stream' gas pipeline to Europe, a rival to the European Union-backed Nabucco project. Slovenia will sign the deal in June, Slovenian Economy Minister Matej Lahovnik announced in Ljubljana on 22 May. Austria's economy ministry also confirmed talks were ongoing, but declined to say at which stage the talks were. Despite the Nabucco rivalry, Russia also said it wants the ...

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