Turkish Stream Pipeline
Project (TSP) is the result of the altering Russian gas supply policies toward European
Union (EU). Due to flustering disputes over Ukraine, initial step was planned
as to bypass Ukraine with a new standalone pipeline that will transit Russian
gas to Eastern Europe. However, increasing conflicts between EU and Bulgarian
government made Russia take a step forward with a new standalone pipeline
project, which is named as Turkish Stream.
In the concept of Turkish
Stream, Russia is planning to transport the gas through Black Sea and Turkey
and sell it in the Greek border of Turkey. This means, Russia will not have to deal
with the transportation of her gas inside EU’s borders. Being a self-assured seller,
Russia also wishes that Balkan countries on the demanding side to provide their
own gas export securities. This shift in Russia’s gas sale and/or
transportation policies may be an important indicator for the future gas
politic analysis of the region.
In another aspect,
doability of TSP will result in facing with too many milestones such as
commercial, technical, political, market, etc. All these items require careful
analysis that will help coherent evaluation of Turkish Stream.
In this study, after
giving the historical overview of Russian gas export to EU, which is the
determiner for TSP, doability of TSP will be evaluated from the technical,
commercial, marketing, political and resource aspects. In addition to this
evaluation, after mentioning the main risks for successful completion of TSP, other
possible options will also be evaluated for any cases of TSP that may not be successful.
Having the result of this evaluation, the future of regional gas politics and
Turkey’s situation will be analyzed.
Subjects | Economics |
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Journal Section | Articles |
Authors | |
Publication Date | January 30, 2016 |
Published in Issue | Year 2016 Issue: 1 |
Energy Policy Turkey is a Trade Mark of TESPAM