On 1 December 2014, President of the Republic of Turkey Recep Tayyit Erdogan and President of the Federation of Russia Vladimir Putin agreed on the implementation of a new gas pipeline, linking the Russian Federation to Turkey through the Black Sea ( “Gazprom to build new 63 bcm Black Sea pipeline to Turkey instead of South Stream”, Russia Today, December 1, 2014). This new project is called “Turkish stream” and replaces the late “South Stream”, which was meant to connect Russia to Europe, by crossing southern European countries. The decision of Bulgaria to withdraw from the project, in the context of the tensions regarding Ukraine between the U.S. and the EU, on the one hand, Russia, on the other, led … Continue reading Turkey: An Energy and Environmental Power

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