... that at the recent RIAC
roundtable meeting
on Russia–EU relations during the Slovak Presidency of the Council of the European Union held on November 2, 2016, European energy experts decisively rejected Russia’s proposal to supply natural gas via the Turkish Stream project, which challenges the success of Gazprom’s plans to stop gas transit via Ukraine after the current contract expires in 2019, as well as the very creation of a gas hub.
Electric Power Industry
Another key area of Russia–Turkey ...
... also a readiness between the two parties to cooperate especially after two years of talks.
In December 2014, Russian President V. Putin’s visit to Ankara was marked by the announcement of the cessation of South Stream and the proposal of the Turkish Stream gas pipeline project instead. Gazprom CEO Alexey Miller
announced
the signing of a MoU between Gazprom and Botaş for the construction of a 63 bcm/a new gas pipeline to Turkey under the Black Sea and the transportation of Russian gas to the Turkish-Greek ...
... different routes.
Sudden bursts of activity on the part of Bulgaria and Turkey in a dash to net the Russian gas pipe are taking place simultaneously. In recent years, Turkey set a serious task: to transform itself from a transit country into a regional gas hub. In this connection, the Turkish Stream plays a very important role. In August 2016, Russia and Turkey agreed to contribute equal investments into financing the Turkish part of the project. As far as Russia is concerned, the project is ready to be implemented: in Russia, the ...
... side’s responsibility for ensuring the safety of the Turkish Stream. But the negotiating process between the coalition government and Moscow in resolving regional conflicts in which Russia is directly involved may also influence the fate of the Turkish Stream.
The oil and gas sphere is already making Ankara dependent on Moscow, and therefore there is a negative perception of the idea of increasing that dependence.
Sixthly
, there is a possibility of developing regional projects such as TANAP with the aim of reducing Turkey’s ...
... keeping the Ukrainian transit, which is a purely political stance. It does not have any economic basis," he said, answering a question during an interview with RIA Novosti of why Brussels is not seeking to enhance cooperation with Russia on the Turkish Stream gas pipeline project through the Black Sea and Greece that bypasses Ukraine.
The European Union will not be able to continue providing Kiev with financial support if Ukraine announces default due to the EU's legislation, Vladimir Chizhov said.
"Yes,...
... supported by the media, – Bonapartesque moves occasionally helpful in times of changes.
Finally, a few words about the gas issue. The scene for Vucic’s visit
was set by President Nicolic’s loud statements
ruling out the option of the Turkish Stream and Vucic’s own call to “
reduce dependency on Russian gas
”. And, although it does look like a direct threat to Russian investments in the region, Serbia likely has an ulterior motive. Looking at the map of the Trans Adriatic Pipeline (TAP), Gazprom’s alternative route, it is clear that the initial ...
... countries’ national consumption. Skopje and Belgrade are not part of the European gas system, but they need an alternative supply route, since Russian gas still comes to them via Ukraine.
Overall, given the changes of recent days and months, implementing the Turkish Stream no longer seems to be simply a Gazprom fantasy.
With gas pipeline construction on the territory of Hungary, Serbia, Macedonia and Greece having been delegated to national governments
, two pipelines are officially being created – the Turkish Stream, to the Turkish-Greek border, and the Tesla,
from ...
... supplies of Russian gas, is planning on developing joint projects with other potential exporters of natural gas on the European markets, namely, Azerbaijan and Cyprus.
The negotiations did not touch upon the issue of Greece receiving discounts on Russian gas, although we cannot rule out the possibility that if construction of the Turkish Stream gets the green light, Greece will insist on lower prices in return for its participation in the project.
Contrary to predictions, the negotiations did not touch upon the issue of Greece receiving discounts on Russian gas, although we cannot ...
