... consumers.
It should be noted, however, 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 ...
... least energy triangle between EU-Turkey and Russia is dynamic and open to new surprises. Most likely, 2017 will be the last decisive year for taking a decision to focus on a concrete project among the different pipeline alternatives between the EU and Russia and the Turkish Stream has good chance to be implemented by 2020.
... of concluding spot deals and short-term gas contracts. It also implies immediate participation in gas pricing, the construction of subsurface gas reservoirs and granting the hub state the right to re-export gas. These conditions are not part of the Turkish Stream agenda, which means that Russia still views Turkey as a corridor country or a transit state. Regarding the possibility of offering Turkey
a discount on Russian gas
, the question has been broached, and a 10–15 per cent discount has been discussed, yet the agreement signed ...
... regional energy hub, and also the clear definition of the Turkish 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 ...
... ultimate goal of 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 ...
... 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. It is notable that Bulgaria, Romania and Croatia were not ...
... to 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 ...
