Belgrade says Gazprom cancelled construction of South Stream gas pipeline

The contract on the construction of the South Stream pipeline has been cancelled, Belgrade media said on Wednesday, citing a statement from the Russian gas company Gazprom.

German exports to Russia expected to shrink 5 per cent in 2016

The project involves Germany, the most powerful political player in Europe, who is now being accused of conveniently sweeping aside lofty values when economic interests are at stake.

Russia may freeze Turkish Stream gas project: Gazprom sources

A second source in Gazprom, who also did not want to be identified, said: "We're still hoping that Turkish Stream will be pushed back by a few years, rather than completely cancelled."