Moscow cancels TurkStream gas pipeline project in wake of Turkey conflict

Gazprom sources say Russia may freeze work on the Turkish Stream gas pipeline project for several years in retaliation against Ankara for the shooting down of a Russian air force jet, Ukraine Today reports citing Reuters.

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The pipeline was designed to allow Gazprom to bypass Ukraine depriving it of the regional advantages of a transit state, according to Ukraine Today.

Earlier this year, the EU ruled the pipeline, which would have run through the Balkans, breached anti-monopoly laws.

See unian.info’s video section for more of the latest news from Ukraine in video from Ukraine Today, Ukraine’s 24-hour English-language news channel.

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