Russia’s decision to go ahead with Turkish Stream, an offshore pipeline that will bring Russian gas to Turkey, cements its dominance of the Turkish gas market. In political terms, the revival of Turkish Stream—or TurkStream as Gazprom, Russia’s state-owned energy company, now terms the project—epitomizes the entente developing between Moscow and Ankara, a relationship that is of crucial importance given their differences in recent years, particularly over the war in Syria. In strictly practical terms, however, TurkStream ensures that Russia will maintain its grip on the Turkish gas market. The project’s success will send a signal that Russia …read more
Source: Atlantic Council