Turkey’s price arbitrage with Gazprom over Turkish Stream
Turkish Stream was conceived in 2014 following Russia’s cancellation of South Stream which became a casualty of Russia-Ukrainian conflict and faced high opposition from ... ... gas going to Europe and bypassing Ukraine, Turkey tries to increase its bargaining power and engages into price arbitrage with Gazprom: 10.25% discount offered by Gazprom is deemed insufficient and Turkey does not want to receive anything less than15%. Under the tightened atmosphere of the Syrian military theatre, Turkey threatens to cut off imports should her conditions be not satisfied. Gazprom’s interests ...
07.04.2016