... 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 ... ... Turkish Stream.
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 ...
... 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....
... talks with Turkish President Recep Tayyip Erdoğan in Ankara, at the height of the confrontation with the West over the crisis in Ukraine. The European Union stands to lose the most from the move. By itself, however, redirecting the pipeline through Turkey rather than Bulgaria does not strengthen Russia’s position on the European gas market from a strategic point of view. Rather, abandoning the South Stream project should be a good reason to start a new chapter in energy cooperation between Europe and Russia.
The decision on South Stream can easily be viewed as a reaction to Western sanctions. For years, Brussels has been pursuing an active ...
