Putin: Russia's projects could halt the rise in oil prices in Europe

Russian Prime Minister Vladimir Putin believes that Russia's Nord Stream and South Stream projects , had they been implemented by now, would have helped the energy supply of Europe considering the difficult situation in the Middle East. Besides Putin said that these pipelines would also reduce the gas prices gas in Europe, Interfax reports.

Commenting on the joint investment by Gazprom and Italian Eni in Libyan projects, Putin noted that "economic cooperation should be devoid of political or ideological coloration."


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