Thursday, September 10, 2009

Turkey’s EU Dreams and European Energy Security: In the Pipeline?

"Turkey’s EU Dreams and European Energy Security: In the Pipeline?

Jelena Vukotic | Sep 10, 2009

Turkey is geographically well positioned to become a regional energy hub. It could link producers in the Caspian and the Middle East regions with the energy-hungry European markets, which by 2020 will import roughly 77% of the natural gas they use. However, conflicting visions of who will lay the pipelines and provide the gas complicate the issue. The EU is pushing for the Nabucco pipeline project, aimed at cutting European dependence on Moscow, which has a nasty habit of turning off gas supplies to Europe whenever disputes arise with transit countries. Russia, on the other hand, has a pet project of its own - the South Stream gas pipeline, designed to cement Russia’s position as the key European energy supplier."

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