South Stream

This tag is associated with 33 posts

Turkey’s Erdogan Warns Russia On Energy Deals

By Mark Snowiss Turkish President Recep Tayyip Erdogan, angered by Russia’s bombing campaign in Syria, warned Moscow on Thursday that Ankara may look elsewhere for partners to supply natural gas and build its first nuclear power plant. One of the top importers of Russian gas, Turkey has joined with Moscow in a major effort to construct … Continue reading

A Network Of Russian Veins Of Influence : Gas Pipelines Of The European Continent

By South Front Global Research, August 22, 2015 , Companies’ sources (data from websites accordingly) and EIA.   Natural gas has limited and expensive transport options. As a result, natural gas pipelines are constantly used as a tool of  political pressure and bargaining. One of the most notable battlefields is the European continent, where Russia has exerted … Continue reading

Reshuffling Eurasia’s Energy Deck — Iran, China, and “Pipelineistan”

By Pepe Escobar, Asia Times “Pipelineistan” – the prime Eurasian energy chessboard — never sleeps. Recently, it’s Russia that has scored big on all fronts; two monster gas deals sealed with China last year; the launch of Turk Stream replacing South Stream; and the doubling of Nord Stream to Germany. Now, with the possibility of sanctions on … Continue reading

Greece And Russia Sign Deal On Turkish Stream In The Mist Of The Greek Debt Crisis

On June 2nd, EMerging Equity reported that Greece was planning to sign a document on political support for Gazprom’s Turkish Stream project at the St. Petersburg International Economic Forum. Surprisingly, while struggling with its debt, Greece wanted to allocate $2 billion to support its construction. And … it happened. Russia and Greece have signed a deal to create a joint enterprise for construction … Continue reading

Greece Plans To Sign €5 Billion Deal With Russia On Turkish Stream Pipeline, Spiegel Says

Greece and Russia are planning to sign a bilateral agreement which would grant Athens up to five billion euros as prepayment for the construction of the Turkish Stream gas pipeline, according to a report on Friday from German magazine Spiegel. According to Spiegel, a deal is planned to be signed on Tuesday, and if the agreement is reached Greece would receive three to five billion … Continue reading

As Russia Weakens, Turkey Grows Assertive

By Stratfor Global Intelligence Turkey’s relationship with Russia is changing significantly. A domestic economic crisis, low energy prices and European energy diversification efforts have weakened Russia. Moscow is also heavily involved in the ongoing crisis in Ukraine — right across the Black Sea from Turkey. Russia’s weakened position and the trouble in Ukraine have made Turkey’s … Continue reading

Will Greece Join The Eurasian Economic Union?

By F. William Engdahl At the very least the new Greek government realizes it must play in a deadly power game over the future of the nation in an asymmetrical manner. The so-called Troika—EU Commission, European Central Bank and IMF—is demanding blood from a turnip when it comes to Greece. So after hitting a granite wall … Continue reading

Europe’s Addiction To Russian Natural Gas To Continue

By Ronan Keenan Over the past year, many have clamoured for the EU to reduce its energy reliance on an increasingly revanchist Russia. As approximately 30% of its natural gas imports stem from Russia, it seems logical that the EU should lower its dependence on Moscow. Russia does not enjoy a steadfast export reputation, as … Continue reading

Oil Geopolitics: South Stream Has Been Resurrected Through Balkan Stream – OpEd

As Russia begins to build a pipeline through Macedonia that could form the basis of a revised South Stream route, the Hungarian President is in talks with Erdogan over financing this enormous project. By Andrew Korybko, Sputnik News While many in the Balkans were lamenting the cancellation of the South Stream project last December, Russia was hard at work … Continue reading

New EU Energy Union Looks To Break Dependence On Russia

By Alina Yablokova and Global Risk Insights On February 25, the European Commission presented its Energy Union package of proposals, a first major step made by the European legislators to realise the strategy of coordinating the energy policies of the 28 EU member states. Indeed, the European Commission envisages a union that speaks with one voice … Continue reading

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