: Bloomberg: Putin and Juncker could sketch deal on Europe gas link

11:42 Jun. 13, 2016

Bloomberg: Putin and Juncker could sketch deal on Europe gas link

Russian President Vladimir Putin, right, and Luxembourg Prime Minister Jean-Claude Juncker greet each other during their meeting in the Moscow's Kremlin, Russia, on Sept. 25, 2012. (AP Photo)

Leaders may discuss Nord Stream 2 pipeline this week in Russia

Jean-Claude Juncker and Vladimir Putin may offer clues about the way forward for a controversial project to expand Russia's gas interconnections with Europe this week.

Read also Gazprom losing ground: Bulgaria, Slovakia agree on building Eastring gas pipeline

The European Commission president meets the Russian leader at a conference in St. Petersburg and may discuss ways a Gazprom PJSC-led consortium could be allowed to double the capacity of the Nord Stream pipeline which carries Russian natural gas to Germany. The project has divided EU governments concerned about the bloc's dependence on Russian gas and Putin's meddling in Ukraine.

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