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... recent years. This working paper contains an analysis of the current state and prospects of this cooperation. It examines in detail the role and place of traditional and renewable energy sources in the energy policy of the Republic of Turkey. Russia and Turkey: State and Prospects of Energy Cooperation , 1.1 Mb
To assess the current state and development prospects of Russia–Turkey energy relations, it is necessary to take a closer look at the changes that have taken place on Turkey’s domestic energy market, the key features of its energy policy, and the possibilities of using the country’s transit potential. It is also ...
... Turkey shows a steady increase in volumes, which recovered after a certain decrease during the period of the 2008–2009 crisis (see the table below). Turkey runs a trade deficit, i.e. its imports from Russia exceed its exports there, mainly due to Turkey’s purchases of Russian energy. In 2015, Russia accounted for 2.5% for Turkey’s exports and for almost 10% of its total imports, in other words, for almost 7% of Turkey’s trade, i.e. 24 USD billion. Turkey, meanwhile, accounted for 6% of Russia’s exports and ...
... suppliers to ease off Russian energy imports. The EU’s Southern Gas Corridor (SGC) initiative, which will deliver Azerbaijani gas to Europe, is a realization of Europe’s diversification efforts and a statement emphasizing the essential role Turkey plays as an energy partner for Europe. The central link of the SGC is the Trans-Anatolian Natural Gas Pipeline (TANAP), whose entire length runs through Turkey. Photo: TANAP Turkey’s simultaneous deal with Russia undermines any prospect of strengthening ...
... into a regional energy operator. However, the final destination points of Russian gas via Turkey as well as the role that EU countries, especially Bulgaria and Greece, will play in this process still remain under wraps. Another major project in the energy sector implemented in Turkey with the participation of Russia is the construction of the Akkuyu nuclear power plant in the Mersin province on the Mediterranean coast. This project is equally beneficial to both countries. Russia is interested in the construction of nuclear ...
... 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 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 supplying energy to Europe from the Middle East. And now, it would seem, from Russia as well. On the whole, Russia turning its back on the expensive and politically risky project is an undoubted benefit, even if significant investments have already been made in ...
... mining of uranium through a contractual relationship with the French state-owned company Areva. World annual production of U3O8 for now is growing but the market is considered “slow.” As a result spot uranium prices do not impact the broad energy market like spot oil prices do. But the market remains a target of opportunity for “pump and dump” specialists, and for speculators and arbitragers seeking to control, or otherwise stockpile inventory. Last year, according to the ...
| U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements |
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| U.S. wants to deter Russia’s military and political activity |
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| U.S. wants to dissolve Russia |
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| U.S. wants to establish alliance relations with Russia under the US conditions to rival China |
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