1 Jul 2014 15:59

Russia to advance South Stream project - Putin

MOSCOW. July 1 (Interfax) - Russia intends to advance the South Stream project further, Russian President Vladimir Putin said.

"We have always valued the reputation of a reliable energy supplier to Europe and invested in developing gas infrastructure. We have built North Stream jointly with European companies and, despite difficulties, we will advance the South Stream project," Putin said when speaking at a meeting of ambassadors and Russian permanent representatives in Moscow.

More and more European politicians and business people realize that "it is wanted to simply use European strategies in somebody else's interests and that they become hostage of short-sighted and ideology-driven approaches of red tape from Brussels," Putin said.