Fundraising to begin building the subsea stretch of the South Stream gas pipeline from Russia across the Black Sea has been postponed until the first quarter of 2015, Russian news agency Interfax said on Oct. 9.
Ukraine's Energy Challenge
Reuters: South Stream project finance postponed until 2015
Picture taken on June 11, 2014, near the village of Sajkas, 80 kilometres north of the Serbian capital Belgrade, shows the site where Serbia started the construction in Novemeber 2013 of their section of Russia's South Stream pipeline.