Turkish Stream

Author Topic: Turkish Stream  (Read 3165 times)

0 Members and 1 Guest are viewing this topic.

Online Al Bundy

  • Member
  • *****
  • Posts: 4,456
Turkish Stream
« on: May 14, 2015, 07:48:00 AM »
5/13/2015 @ 10:00AM 1,225 views

From Russia With Love: The Moscow-Ankara Energy Affair

written by Agnia Grigas and Nora Fisher Onar

Ms. Grigas is author of The Politics of Energy and Memory between the Baltics States and Russia. Ms. Onar is a research associate at Oxford.

Last week’s deal between Turkey and Russia to launch the Turkish Stream gas pipeline by December 2016, may spell a new era in Turkey and Russia’s energy and political relations. Coming just after a case brought by the EU Commission against Gazprom , and just before Turkey goes to the polls this June, the agreement may pave the way for a Eurasian Energy Union that will challenge Europe’s own energy plans.

Russia’s recent energy overtures to Turkey are driven in no small measure by Gazprom’s weakening position in Europe. Ever since Gazprom cut gas to Ukraine in 2009 impacting Europe’s supply in midst-winter, the EU sought to diversify its energy sources, improve its energy infrastructure, and reduce its reliance on Russian gas. The Europe’s recent charges against Gazprom’s monopolistic practices including setting “unfair prices,” seeking to partition European gas markets, and bullying EU member states into Gazprom-led pipeline infrastructure projects signal that Gazprom’s operations will be more constrained in the European markets. In 2015, seemingly responding to the war in Ukraine, the EU announced its future project to create a European Energy Union. The goal: to bolster its energy security and reduce hydrocarbons.
Meanwhile, Russia has plans for its own energy union within the framework of the Moscow-led Eurasian Economic Union and the Istanbul-based International Association for Energy Economics (IAEE). Turkey’s geographic position makes it a strategic participant as a transit and energy hub country for both Europe and Eurasia’s energy projects. Already, Turkey has agreed to participate in Europe’s planned Southern Gas Corridor, which would bring Caspian gas to Europe via Turkey to diversify away from Russian gas. Gazprom then sweetened its deal: It offered Turkey a gas price cut while urging it to host the competing Turkish Stream pipeline to carry Russian gas to Southern Europe. After some maneuvering, the Moscow-Ankara deal was struck and Turkish Stream will launch by December 2016. Turkish Stream will also replace Gazprom’s planned South Stream pipeline project, which was cancelled due to EU regulatory pressure in 2014.
Moscow and Ankara are not new energy bedfellows. The first direct gas pipeline between Russia and Turkey was Blue Stream, which was inaugurated in 2005 by Russian President Vladimir Putin and Turkish then-Prime Minister Erdogan. Since then Turkey has relied increasingly on Gazprom. If in the wake of the 2009 Russian-Ukrainian gas crisis, the EU diversified and became more carbon efficient, Turkey has signed a series of agreements that have only increased its energy dependence on Russia. Today, the energy thirsty emerging economy, which imports 98% of its gas buys some 60% from Gazprom. The new deal between Russia and Turkey also will increase volume across the existing Blue Stream route.
Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin hold a joint press conference last December. (ADEM ALTAN/AFP/Getty Images)
In addition, in 2010 Ankara awarded Russian companies the contract for Turkey’s first nuclear energy plant. Overall, Turkey’s energy consumption in the power sector doubled from 795 million cubic feet (MMcf) to 1.9 Bcf per day in the 2000s and continues to grow at a robust 4.5% a year. As a recent day-long, nation-wide power grid outage which cost the country an estimated $700 million attests, Turkey’s demand is expected to outstrip supply until at least 2030.
The attractiveness for Ankara of a Moscow-led energy union may also be due to the tumult to its south. Ankara has displayed discomfort at the growing regional influence of Iran—its second largest gas supplier. Cementing energy ties with Moscow to bring gas to southern Europe could also amplify Ankara’s leverage in negotiations with Kurds seeking an outlet for the gas fields in northern Iraq.
As the EU sets out to forge a European Energy Union, it should recall Turkey’s strategic role for both Europe and Russia in their evolving energy strategies. Western policy makers and investors should recognize that there will be competition for Turkey’s favor for years to come and the success of Southern European pipeline infrastructure may depend on the Moscow-Ankara relationship and Erdogan’s political fortunes. As Europe confronts its own internal divisions, Turkey is one partner that the West should keep close at hand.

http://www.forbes.com/sites/realspin/2015/05/13/from-russia-with-love-the-moscow-ankara-energy-affair/http://

Online Al Bundy

  • Member
  • *****
  • Posts: 4,456
Re: Turkish Stream
« Reply #1 on: May 28, 2015, 10:13:04 AM »
Macedonia Ready to Join Turkish Stream Gas Pipe

© AFP 2015/ ADEM ALTAN

16:24 27.05.2015(updated 16:35 27.05.2015)

Macedonia will participate in the construction of the Turkish Stream gas pipeline, but only after the EU and Russia have reached an agreement on the strategic project, Prime Minister Nikola Gruevski said Wednesday.

Read more: http://sputniknews.com/europe/20150527/1022613979.html#ixzz3bRW5kKed

Online Al Bundy

  • Member
  • *****
  • Posts: 4,456
Re: Turkish Stream
« Reply #2 on: June 16, 2015, 04:57:36 PM »
16.06.2015 (updated 20:11 16.06.2015)

A political deal between Athens and Moscow on the desicion to extend the Turkish Stream gas pipeline from Turkey to Greece is ready to be signed, Energy Minister Panagiotis Lafazanis told journalists on Tuesday.

Read more: http://sputniknews.com/business/20150616/1023439869.html#ixzz3dGG9RBM9

Online Al Bundy

  • Member
  • *****
  • Posts: 4,456
Re: Turkish Stream
« Reply #3 on: June 19, 2015, 04:07:31 AM »
Russia, Greece sign deal on Turkish Stream gas pipeline :)

http://rt.com/business/268279-russia-greece-turkish-stream/http://

Online Al Bundy

  • Member
  • *****
  • Posts: 4,456
Re: Turkish Stream
« Reply #4 on: August 10, 2015, 07:23:17 PM »
Russia does not give up gas pipeline "Turkish stream" but...

http://tass.ru/en/economy/813604http://

Online Al Bundy

  • Member
  • *****
  • Posts: 4,456
Re: Turkish Stream
« Reply #5 on: October 10, 2016, 07:01:54 PM »
Russia does not give up gas pipeline "Turkish stream" but...

http://tass.ru/en/economy/813604

Russian President Putin and Turkish President Erdogan signs agreement : building pipeline "Turkish stream"  ???

http://www.dailysabah.com/energy/2016/10/10/erdogan-putin-sign-agreement-on-turkish-stream-gas-pipeline-projecthttp://]
[/quote]

Russian President Putin and Turkish President Erdogan signs agreement : building pipeline "Turkish stream"  ???

http://www.dailysabah.com/energy/2016/10/10/erdogan-putin-sign-agreement-on-turkish-stream-gas-pipeline-projecthttp://

Online Al Bundy

  • Member
  • *****
  • Posts: 4,456
Re: Turkish Stream
« Reply #6 on: January 20, 2017, 02:19:59 PM »
Russian President Putin and Turkish President Erdogan signs agreement : building pipeline "Turkish stream"  ???

http://www.dailysabah.com/energy/2016/10/10/erdogan-putin-sign-agreement-on-turkish-stream-gas-pipeline-project]]


Russian President Putin and Turkish President Erdogan signs agreement : building pipeline "Turkish stream"  ???

http://www.dailysabah.com/energy/2016/10/10/erdogan-putin-sign-agreement-on-turkish-stream-gas-pipeline-project

Duma ratified Agreement "Turkish Stream"

https://sputniknews.com/world/201701201049807854-russia-duma-turkey-stream/http://]
[/quote]

Duma ratified Agreement "Turkish Stream"

https://sputniknews.com/world/201701201049807854-russia-duma-turkey-stream/http://