Russia Sets Up Company For Construction Of Pipeline To Turkey

The Russian state company Gazprom will set up a company for the construction of a gas pipeline to Turkey, a week after Russia's President Vladimir Putin announced the cancellation of the South Stream pipeline.

According to Sergey Kupriyanov, spokesperson of Gazprom, quoted by Gazeta.ru, the company will be named Gazprom Russkaya and will be registered in Saint Petersburg.