MOSCOW (Sputnik) — Earlier in the day, EU Ambassador to Russia Vygaudas Usackas said the European Union was ready to discuss the South Stream project's implementation if it complied with the European Union's Third Energy Package.
"The South Stream project does not exist, it is closed, no work is being carried out, the project has been discontinued amid the position of the European Commission," Peskov told reporters.
In late 2014, Moscow announced the cancellation of the South Stream gas pipeline, intended to traverse the Black Sea to deliver Russian natural gas through Bulgaria, Serbia, Hungary and Slovenia to Italy and Austria. Following the cancellation, Russia announced plans for the Turkish Stream gas pipeline to replace the South Stream.
