Hurriyet: Why TANAP is more important than the Turkish Stream
A surprising Russian proposal to construct a new natural gas pipeline from Russia to Europe via Turkey in order to bypass both Ukraine and Bulgaria is still one of leading issues being discussed in the relevant capitals.
Russian President Vladimir Putin’s cancelation of the South Stream that had been planned to carry 63 bcm natural gas to European markets via the Black Sea and Bulgaria led to the so-called Turkish Stream, with plans to station a gas terminal on the Turkish-Greek border. Many government sources and pro-government analysts argue that this will contribute to Turkey’s efforts to become an energy hub in the coming years. In this column on Dec. 3, I tried to analyze why Turkey has to be cautious in making this deal with Russia.
This column, however, will argue that the realization of the Turkish Stream would nix the Trans Anatolian Pipeline (TANAP) project, which is in fact much more important for Turkey and its allies in the Caucasus. The Turkish Stream, however, is extremely important for Russia, which felt cornered after a series of sanctions from the EU and the U.S.
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