The Course of South Stream
... financial slack and invest heavily in the construction of additional pipelines. The undisputed winner in the entire affair is Turkey, which had for years dreamt about – and is successfully putting into practice – becoming a strategic hub for supplying energy to Europe from the Middle East. And now, it would seem, from Russia as well. On the whole, Russia turning its back on the ... ... is an undoubted benefit, even if significant investments have already been made in ground infrastructure which, according to Gazprom head Alexey Miller, amount to some €4.6 billion. The gas pipeline is, of course, extremely expensive, with an estimated ...