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2015-12-03 19:45:00

TURKISH STREAM FALLING

TURKISH STREAM FALLING

Russia's ambitious project for its Turkish Stream gas pipeline across the Black Sea looks set to become the next casualty of the war of words between Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan.

And it will likely cost Gazprom billions of dollars or euros, whilst prompting Turkey to look to new suppliers, notably northern Iraq.

A Reuters report from Moscow on 1 December cited sources in Gazprom as saying that Russia may freeze work on Turkish Stream for several years as part of its retaliation against Ankara for last month's downing of a Russian air force jet over the Turkish-Syrian…

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Tags: TURKISH, STREAM, GAZPROM, RUSSIA, TURKEY
Chronicle:
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