... 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 ... ...
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 important ...
... visit to Moscow, a remarkable meeting took place on 7 April 2015 in Budapest. Following an initiative by the Hungarian Foreign Minister Peter Szijjarto, a meeting was organised between the foreign ministers of Hungary, Serbia, Macedonia, Greece and Turkey (Ankara being represented by Volkan Bozkir, Minister for EU Affairs). The composition of this group certainly recalls the proposed route of the Turkish Stream pipeline, a project which was Russia’s reaction to the plan to halt development of the South Stream. Moreover, by all indications the group will be institutionalised and meetings of the member countries will be regular. It is notable that Bulgaria, Romania and Croatia were not invited to these talks, although they are also part of the Balkan ...
... – Serbia, Hungary, Austria and Italy, as well as its relations with partner companies. Judging by the official reactions of government representatives of these countries, they had been given no prior notice about the suspension of work on the South Stream project. Serious negotiations now lie ahead. The fact of the matter is that moving the construction of the main part of the pipeline to Turkey does not automatically mean that gas will be supplied to these countries. This is because, according to the new strategy, Russia will build pipelines up to EU borders only, with the might-have-been partners having to pick up the financial slack ...
