Photo Gallery: Gazprom's Ambitions
Foto: Sean Gallup/ Getty Images
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Photo Gallery: Gazprom's Ambitions

Europe's Failed Natural Gas Strategy Gazprom Hopes to Build Second Baltic Sea Pipeline

With the planned Nabucco natural gas pipeline in southern Europe hitting snag after snag, Russian natural gas giant Gazprom is considering the construction of a second Baltic Sea pipeline to go with the just-finished Nord Stream. With unconventional natural gas from the US flooding the market, however, the strategy is not without risk.
Translated from the German by Christopher Sultan