... construct Nord Stream – 2, one could assert that the pipe game is far from over. Taking financial difficulties into account, Gazprom might also intent to use Turkish Stream as a leverage in its negotiations with the EC. Now competition between Nord Stream–2, Turkish Stream and even South Stream projects is reemerging and if the Nord Stream – 2 fails, the likelihood of the Turkish Stream becoming a reality ... ... Turkish Stream.
Surprise of the summit was the preparation for establishing a trilateral cooperation mechanism between Azerbaijan, Russia and Turkey. This has potential to be transformed into a new institutional regime in Caucasus. If succeeds, it will have ...
... to connect the country directly with the European market, bypassing transit countries, primarily Ukraine. The northern part of this system, Nord Stream, is already up and running, albeit with certain restrictions imposed by the European Commission. Gazprom had envisioned the Nord and South streams as becoming a stable infrastructural system in the strategic partnership between Russia (the main supplier) and Europe (the main consumer), without the need for transit countries. But the idea did not garner much support from the European side, especially for the southern part. The main stumbling block is that the project did not ...
... Lille (Sciences Po). His research concerns capitalism, religion, ethics, civil economy, European Union and wider Europe like Russia, Ukraine and Turkey. He is an Associate Editor of the journal TELOS and Fellow of the Centre of Theology and Philosophy.... ... reckless. Continued austerity for the next decade and perhaps longer will probably end any remaining hopes for both Nabucco and South Stream.
But the energy battle between the EU and Russia over Nabucco and South Stream is a proxy conflict in a wider war ...
... model has altered with population becoming less concentrated requiring an additional infrastructure, thus expenditure. In fact, Gazprom has reduced prices by pursuing its own strategy of spreading costs by building more pipelines and supplying more gas; South Stream pipeline introduction resulted in lower prices for European consumers.
That said, Europe still does not agree, ... ... Interests are Vital, But are They?
Albeit, the customer is always right is a business cliché. It still underlines that Russia needs to appreciate European interests as it is its biggest market and will be at least in the foreseeable future. A recent ...
