Natural Gas Europe quotes Eurasian Energy Futures Initiative Director David Koranyi on the demise of the South Stream Corridor: 

Everybody wins in the demise of South Stream, according to Dávid Korányi, Director, Eurasian Energy Futures Initiative at the Atlantic Council – at least from a strategic perspective.

He remarks, “I think it’s a win for both Russia and Europe, because it became clear that this was not a project that made commercial or political sense from the European perspective; nor it is the best way to stabilize the European-Russian energy relationship.”

Furthermore, he says the situation is good for facilitating a healthier debate around energy sector reform in Ukraine and will help concentrate minds when the 6-month temporary deal expires between Russia and Ukraine to come up with a sensible, permanent and transparent transit regime that also makes commercial-political sense.

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