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Turkey

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Operation to Relocate Suleyman Shah Tomb Mirrors Turkey’s Geopolitical Agenda

...Turkey pursues a long-term goal. President Recep Tayyip Erdoğan and Prime Minister Ahmet Davutoglu are staunch advocates of Neo-Ottomanism, a Turkish political ideology that promotes greater political engagement of the modern Republic of Turkey within regions formerly under the rule of the Ottoman Empire, its predecessor state, as well as within Eurasia...

Pyotr ISKENDEROV | 26.02.2015


 

Turkey and Gazprom. The geopolitics of pipelines

...The year 2019, when Russian gas will bypass Ukraine and go through Turkey, will be here soon. Somewhere that is well understood. In particular, in Hungary. The prime minister of that country, Viktor Orban, stated that anti-Russian sanctions «were in conflict with Hungary’s interests,» and that he intends, in his words, «to come to terms with Russia on a gas agreement» during a meeting with Russian President Vladimir Putin in Budapest. Putin arrives in the Hungarian capital on February 17th. 

Pyotr ISKENDEROV | 04.02.2015


 

Russia and Turkey’s Gas Deal Can Save Europe and the World?

The status of South Stream and the newly announced Russia-Turkey gas deal is much more than it seems.  It is primarily about putting the brakes on what has slowly been developing into the next world war.

EDITOR'S CHOICE | 13.12.2014


 

South Stream 2.0: The Energy Wars Continue (I)

In the next few years, Russia’s decision to put a stop to the South Stream project will become a deciding factor in how the energy situation develops not just in Europe, but in the whole of the Eurasian continent... European players in the gas market are looking for ways to expand their energy cooperation with Russia, despite attempts by the European Commission to sabotage their aspirations. The Slovak gas transmission system operator Eustream is planning to build a pipeline from Slovakia to the Bulgarian-Turkish border, so is hurrying to join a new plan for the transportation of Russian gas to Europe through Turkey. It is the first specific consequence of revised plans to build the South Stream pipeline...

Pyotr ISKENDEROV | 13.12.2014


 

South Stream to Change Direction. Russia Cannot be Squeezed Out of Energy Market

During his trip to Turkey Russian President Vladimir Putin announced the decision to give up the South Stream pipeline project in favor of a new route redirected to Turkey. An important event preceded the statement. Israel proposed that EU countries invest in a multi-billion euro pipeline to carry its natural gas to the continent. At the international conference «Building Euro-Mediterranean Energy Bridge» that ended in Rome in mid-November Israel's Minister for Energy Silvan Shalom described a project for transportation to Europe of gas produced in the Eastern Mediterranean to Vice-President of the European Commission and Commissioner for Energy Union Maros Sefcovic. Shalom ensured Sefcovic that the gas resources in the huge offshore deposits Tamar and Leviathan (240 and 480 billion m3, respectively) may be directed to Europe through Cyprus and Italy at a «special price». He openly stated that the project may lessen the EU’s dependence on Russian gas supplies...

Dmitry MININ | 08.12.2014


 

Russia Scraps South Stream: Who the Message is Sent to?

The Russia’s decision to abandon the South Stream project has become one of the major events in 2014. This is a message to the leadership of the European Union... The EU has failed to come up with an alternative project of its own to provide Europe with gas supplies from the Caspian Sea and Central Asia. Nabucco was doomed from the start while the estimated capacity of TAP (Greece-Albania-Italy) is only 10 billion cubic meters a year – six and a half times less in comparison to the South Stream. The population of Europe has become a hostage of this policy...

Pyotr ISKENDEROV | 05.12.2014


 

Russia – Turkey Relations Change Balance of Forces in Europe and Middle East

...The agreement concluded by Russia-Turkey on December 1, 2014 changes the balance of forces in Europe and the Middle East. The extension of Blue Stream kills two projects backed by Washington and Brussels: Nabucco closed in 2013 though the idea is not completely forgotten and TANAP (the Trans Anatolian Natural Gas Pipeline), a natural gas pipeline stretching from Azerbaijan through Turkey to Europe. The Iranian South Pars gas field may become part of the Blue Stream as Tehran has plans to sell gas to Europe too. The Leviathan, a large field located in the Mediterranean Sea off the coast of Israel, is another potential source of gas to fill the Blue Stream pipeline... The deal signed by Russia and Turkey envisions the construction of gas hub near the Greek border with a leg stretching to Europe. To secure long-term supplies a second «input» hub may be required to bring together the flows from Russia, Azerbaijan and Iran.

Alexander DONETSKY | 04.12.2014


 

Brussels Sabotages EU Energy with South Stream Politicking

The European Union’s ruling elite just hammered another nail into its creaky coffin this week with the critical loss of the South Stream gas project. Russian President Vladimir Putin may have been the one to formally pull the plug on the project while on an official visit to Turkey, but most observers can see that it is EU politicking that lay behind the collapse. Putin said that continual obstruction to the South Stream project from Brussels had made it unviable... Gerhard Roiss, the chief executive of Austria’s top oil and gas firm OMV... told Austrian media: «It is a regretful development for Europe since it needs Russian gas, it cannot do without Russian gas. But pipeline facilities are needed to ensure secure energy supplies». The OMV boss added: «The problem today is that possibilities of supplying southeastern Europe with gas are reduced and dependence on one supplier and one route via Ukraine is high»... The energy security of millions of Europeans, involving higher market prices, is also being jeopardised by the failure to complete a strategically important addition of gas infrastructure for the continent.

Finian CUNNINGHAM | 04.12.2014


 

If Europe Does Not Want to Carry Out South Stream…

...Now let’s sum it up and see who lost and who gained as a result of Moscow’s decision to change the gas transit routes. No doubt the agreements reached meet the interests of Russia and Turkey. Now the Russian gas will not flow to the European Union across the territories of Bulgaria, Serbia, Hungary and Austria. Instead it will be transported through Turkey. Simultaneously all alternative pipeline projects are blocked. Russia squeezed out all competitors from the South European market and did it in a much more effective way than building the South Stream pipeline. Turkey is able to ensure its energy security. The two parties also agreed to build large underground gas storage facilities in Turkey near the Greek border to protect the country against interruptions in gas supplies. As a result, Turkey will turn into a world gas hub for many years to come. It will strengthen the Turkey’s clout in the Eastern Mediterranean and the Balkans...

Dushan PROROKOVIC | 02.12.2014


 

Will Ankara Continue Its Gas Games behind Baku’s Back?

...If Ankara continues its game behind Baku’s back, forcing Azerbaijan to make concessions on gas contracts previously entered into, then Azerbaijan has an alternative. Two days before Erdogan’s visit to Ashgabat, the State Oil Company of Azerbaijan announced the resumption of gas exports to Russia in 2015, which were suspended for technical reasons in August 2013. By strengthening its ties with Moscow, Baku will be able to successfully withstand increasing pressure from Turkey on the issue of gas.

Vyacheslav MIKHAILOV | 23.11.2014




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OUR COLUMNIST
    Valentin KATASONOV

Reasons for Hryvnia’s Collapse

By the end of «black Wednesday», Feb. 25, the Ukrainian currency exchange rate went down to 33 hryvnias to the dollar and never bounced back. It also plummeted as low as 50-60 hryvnias at the black market to stay there. The official rate was around 15 hryvnias to the dollar in mid-February... In general, the reason for the currency collapse is the economic crisis transforming into a national disaster. Ukrainian Prime minister Arseniy Yatsenyuk has acknowledged recently that the economy dropped 20 % in 2014... According to the recently published forecasts, the GDP is to fall by 5, 5 % in 2015. The yearly inflation is estimated to be 25-26%. The crisis has also spread to banks...

02.03.2015
 
 
 
 
 
 
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