Gazprom curbs its presence in Europe, sources say Gazprom put up its 10.5% stake in the German gas distributor Verbundnetz Gas (VNG) for sale, as part of a new strategy to wrap up its presence in Europe, three industry sources confirm. 151 337 512 Previously in trend: Economic disaster
Gazprom to stop gas transit to EU through Ukraine Head of Gazprom Alexey Miller announced a new strategy for the company, which has to be adopted due to the new energy policy of the European Union. The transit of Russian gas to Europe via Ukraine will be stopped. 316 075 1 941 Previously in trend: Gas War
Putin Announces Scrapping of South Stream Pipeline: "Russia Cannot Continue in These Conditions" Under the present circumstances Russia cannot continue the implementation of the South Stream project. 132 316 1 084 Economics
Russia Understands that South Stream Has no Future: 'Bulgaria Acts the Same Way as Ukraine' Bulgaria's position on South Stream proves that Russia would be better off to abandon the project, says the Russian State Duma Committee Chairman. 16 729 513 Economics