... be solved in favor of Baku and also a new energy alliance between the three might be found. Such a move would have potential to undermine EU supply diversification plans by putting future of Southern Gas Corridor into question.
Due to the fact that Gazprom is conducting talks with European Commission (EC) to construct Nord Stream – 2, one could assert that the pipe game is far from over.
To sum up, it seems that after both suffering from the plane crisis Russia and Turkey finally agreed to look forward in their bilateral relations. With the St. Petersburg meeting Russia-Turkey relations, having based on economic cooperation for decades, are about to be upgraded to politically strategic level for the first time. ...
... additional leverage vis-à-vis EU, however, by passing ownership to Turkey it can essentially create a joint venture pipeline which would mitigate conflict (over controlling profits rather than costs) and help share the risks. Passing ownership to Turkey can become Gazprom’s new strategy to improve its image in anticipation of EU’s commission decision about its alleged non-compliance with EU competition regulations. All the ways lead to… SyriaRussian actions in Syria considered by Ankara as “grave ...
... financial slack and invest heavily in the construction of additional pipelines.
The undisputed winner in the entire affair is Turkey, which had for years dreamt about – and is successfully putting into practice – becoming a strategic hub for ... ... is an undoubted benefit, even if significant investments have already been made in ground infrastructure which, according to Gazprom head Alexey Miller, amount to some €4.6 billion. The gas pipeline is, of course, extremely expensive, with an estimated ...
... producer Kazakhstan by a big margin, which could be considered dumping by the World Trade Organization. But the uranium club doesn’t play by WTO “dumping” rules.
According to nuclear and mining trade publications Russian energy giant Gazprom and around twenty other international firms, including German operators, are active in mining or holding stakes to mine uranium in Niger. But the dominant organization is Areva.
Areva revenue last year was reported at around $13 billion, but ...