Russia's state natural gas giant Gazprom has won approval to build a skyscraper in St. Petersburg that critics say will ruin the city's protected skyline.
The city council on Tuesday approved plans for building the 400-meter (1,300-foot) structure -- more than three times as tall as the St. Peter and Paul Cathedral that now is the city's tallest building.
St. Petersburg had preserved its low-rise skyline and retained its czarist-era image.
UNESCO warns that planned tower could endanger St. Petersburg's status as a world heritage site.
Gazprom is one of Russia's key export earners and wields substantial influence in the country.
News source: Yahoo finance
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Business news archive for 28 September' 2009.
Business news archive for September' 2009.
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