Wednesday, December 3, 2014

Putin Kills "South Stream" Pipeline, Will Build New Massive Pipeline To Turkey Instead | Zero Hedge

In retrospect, it should have been obvious in August.

Back then we wrote that the EU's poorest member nation, Bulgaria, had been an enthusiastic supporter of the Russian-backed South Stream gas pipeline project, whose construction has stoked tensions between the West and Moscow as it enabled gas supply to bypass troubled Ukraine (thus squeezing the desparate economy back into Russia's hands). In early June, Bulgaria's Prime Minister Plamen Oresharski ordered an initial halt (after Europe offered the nation's suddenly collapsing banking system a lifeline). Subsequently, Energy Minister Vasil Shtonov has ordered Bulgaria’s Energy Holding to halt any actions in regards of the project as it does not meet the requirements of the European Commission.

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And then, just to send Putin a very clear message where the allegiances of this former Soviet satellite nation lie, NATO deployed 12 F-15s and 180 troops to Bulgaria's Graf Ignatievo Air Base.

A dozen F-15s and approximately 180 personnel from the 493rd, based at RAF Lakenheath, England, have deployed to Graf Ignatievo Air Base to participate in a two-week bilateral training exercise with the Bulgarian air force, Pentagon spokesmen Col. Steve Warren told reporters Monday.

The exercise began Monday and will continue through Sept. 1.

The purpose of the deployment is to “conduct training and focus on maintain joint readiness while building interoperability,” Warren said.

The move comes at a time when America’s Eastern European partners and allies are concerned about Russian military intervention in Ukraine. There are fears that Moscow might try to destabilize other countries in the region.

“This is a reflection of our steadfast commitment to enhancing regional security,” Warren said about the exercise.

Complete story at - Putin Kills "South Stream" Pipeline, Will Build New Massive Pipeline To Turkey Instead | Zero Hedge

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