Gas pipe deal aims to end Russia’s monopoly

Officials from six countries gathered Monday in Turkey and signed a deal to build a U.S.-backed pipeline, aimed at breaking Russia’s near-monopoly on natural gas supplies to Europe. The proposed Nabucco pipeline would run from Turkey’s eastern border, through Bulgaria, Romania and Hungary, to a key gas terminal in Baumgarten, Austria. Germany is also a partner in the deal, which is being signed in the Turkish capital, Ankara.