Wednesday, December 28, 2011

South Stream Wins Nod From Turkey - WSJ.com

South Stream Wins Nod From Turkey

BY JACOB GRONHOLT-PEDERSEN

MOSCOW—Turkey agreed Wednesday to allow construction of the South Stream gas pipeline across its Black Sea waters, according to OAO Gazprom, a decision that removes a major obstacle for Russia to proceed with a project that could increase Europe's dependence on Russian natural-gas supplies.

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