When President Vladimir Putin said last week he was ditching a $45 billion pipeline to Europe under the Black Sea, he put forward a Plan B. Russia would build a pipe to Turkey and then ship it overland to Greece and on to the rest of the continent.
Ukraine's Energy Challenge
Bloomberg: Putin’s plan to ship gas to Europe via Turkey seen as unrealistic
Turkish President Recep Tayyip Erdogan (R) and Russian President Vladimir Putin (L) hold a joint press conference at Turkey's Presidential Palace in Ankara, on Dec. 1, 2014.
