ASSESSMENTS

Europe and Russia After South Stream

Dec 19, 2014 | 10:15 GMT

A worker welds together pieces of the South Stream pipeline in 2013.
A worker welds together pieces of the South Stream pipeline in 2013.

(ANDREJ ISAKOVIC/AFP/Getty Images)

Summary

The crisis in Ukraine, and in particular Russia's recent cancellation of the South Stream natural gas pipeline project, has had substantial ripple effects on the energy dynamics on the European continent. The Russians and Europeans both have put forth several potential replacements for the now scrapped pipeline, with Turkey likely to play a pivotal role either way. 

The pipeline project has been laid to rest but both sides are already considering replacements....

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