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2015-06-03 18:50:00

RUSSIA & TURKEY PIPELINE

RUSSIA & TURKEY PIPELINE

Russia's Gazprom plans to start building a pipeline to Turkey this month to get gas to Europe without going through Ukraine, company sources said, although it has no firm agreement with Ankara and faces opposition from the European Union.

With the EU determined to reduce its energy dependence on Russia and Turkey seeking big discounts for its gas for participating in the new pipeline, Russia may pay dearly for its ambition or even see it thwarted.

Moscow has stepped up efforts to find alternative gas supply routes to Europe, its biggest market, that avoid Ukraine, since Ukrainian protesters ousted a pro-Russian…

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Tags: RUSSIA, TURKEY, GAS, PIPELINE, GAZPROM
Chronicle:
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