Russia's South Stream pipeline is seen as the most controversial and most expensive in Europe (photo:dpa)

Russia’s South Stream pipeline project aims to regain geopolitical influence

This is part seven in our series on the ramifications of the choice of the Trans-Adriatic Pipeline (TAP) by the Shah Deniz Consortium over its rival Nabucco-West. It looks at the strategic implications for the European Union’s Southern Gas Corridor and European gas supply security and analyses Russia’s South Stream pipeline project and its economic and geopolitical dimensions.

<i>Russia’s South Stream pipeline project, with a planned capacity of 63 bcm, is widely seen as the most controversial and expensive pipeline in Europe and it has dubious commercial value. The entire project may cost more than 50 billion euros. South Stream is aimed at avoiding Ukraine and regaining lost ...

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Dr. Frank Umbach
Gazprom has lost market share and direct influence on the European gas markets during the last few years and its South Stream pipeline is aimed at regaining both
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