South Stream project not crucial for Italy, says PM Renzi
(AGI) Algiers, Dec 2 - The South Stream project is not crucialfor Italy, Italian Prime Minister Matteo Renzi said afterRussia announced it would cancel the gas pipeline. "The SouthStream project was strongly opposed and conditioned by theEuropean Union infringement procedure. It was not a key projectfor Italy," Renzi said from Algiers after his meeting withAlgerian President Abdelaziz Bouteflika. "The decision tocancel the project is of no immediate concern to us," theItalian PM continued. "Of course, there is the question ofcooperation with Eastern European and African countries, bothregarding new projects and