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Gazprom Revives Pipe Order as Russia Switches to Turkish Link

Russia’s OAO Gazprom revived a massive contract to buy thousands of meters of steel pipes, suspended when President Vladimir Putin scrapped the South Stream pipeline to Europe last year.

The decision to resume purchases of more than 150,000 metric tons of pipe from German steelmaker Salzgitter AG’s Europipe venture shows Gazprom is near to starting an alternative project across the Black Sea, linking Russia with Turkey.