The European Union’s diplomatic victory in forcing the Kremlin to cancel its South Stream pipeline also gives Brussels a headache: how to come up with an alternative source of secure gas supply for south-eastern Europe.
Though it became politically toxic after the crisis in Ukraine, the pipeline made sense for countries such as Serbia, Bulgaria and Hungary because it offered a supply of gas that did not pass through Ukraine and so was at less risk of disruption.
Other ideas have been floated that would give south-eastern Europe those secure alternative supplies, but none are as far advanced as South Stream, leaving …read more
Source: Newsweek
