Topic - South Stream

South Stream is a proposed gas pipeline to transport Russian natural gas through the Black Sea to Bulgaria and further to Greece, Italy and Austria. The project is seen as rival to the planned Nabucco pipeline. with a projected completion in 2015. - Source: Wikipedia

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Military honour guard stand outside the main building of the new Presidential Palace complex after a welcome ceremony for Russian President Vladimir Putin in Ankara, Turkey, Monday, Dec. 1, 2014. Putin arrived in Turkey for a one-day visit and met with Erdogan at his huge new palace on once-protected farm land and forest in Ankara, becoming the second foreign dignitary after the Pope Francis to be hosted at the lavish, 1000-room complex.(AP Photo/Burhan Ozbilici)

Putin says Russia will scrap South Stream pipeline

By Suzan Fraser and Vladimir Isachenkov - Associated Press