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Turkey to transit Russian natural gas to Europe via Turkish Stream pipeline - Erdogan
Russia Today ^ | 9 August 2016

Posted on 08/09/2016 9:14:11 PM PDT by amorphous

Turkish President Recep Tayyip Erdogan says the Turkish Stream pipeline is going ahead and will be implemented swiftly. The announcement came after Tuesday's meeting with Russian President Vladimir Putin in St. Petersburg.

The Turkish Stream project was parked late last year due to the dispute between Moscow and Ankara after Turkey shot down a Russian warplane in Syria. However, with a thaw in relations the project is expected to be given another life.

The pipeline was announced by President Putin in December 2014 during a visit to Turkey. The project was to replace the abandoned South Stream pipeline through Bulgaria.

The Turkish Stream pipeline is intended to deliver gas from the Russian Black Sea coast to Turkey and on to Greece.

Initially, Russia’s Gazprom wanted to deliver 63 billion cubic meters of gas per year. Later the capacity was cut to 32 billion cubic meters. Turkey would take about 14 billion cubic meters, with the rest going to Europe.

The two sides also decided to continue with Turkey’s first nuclear power plant at Akkuyu. The agreement to build four 1,200 MW reactors at a total project cost of $20 billion was signed in May 2010. Before relations between the countries deteriorated, the first reactor was planned to be commissioned in 2022.

President Putin also said Russia intends to resume charter flights to Turkey, as Ankara has provided security guarantees for Russian tourists.

"We have considered the possibility of the resumption of charter flights. It’s a mere formality and time," said Putin.

The Russian President added that the number of Russian tourists visiting Turkey will soon return to pre-crisis levels, and that the sale of tour packages to Turkey resumed in June. On Tuesday, it was reported the number of Russian tourists visiting Antalya has plummeted 97 percent this year.

In February, Russia's Ambassador to Turkey Andrey Karlov said Turkish exports to Russia fell by two-thirds soon after the jet incident. In November 2015, a Russian pilot died when his plane was shot down over Syria by a Turkish fighter.

Following the incident, Moscow introduced a package of economic measures against Ankara – a visa regime, travel ban, as well as an embargo on agricultural products and on hiring Turkish nationals. All major projects were also frozen.


TOPICS: Business/Economy; Foreign Affairs; Front Page News; News/Current Events; Russia
KEYWORDS: energy; erdoganputin; gas; lng; natgas; putin; putinerdogan; russia; turkey; turkishstream
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I doubt this is good news for the new LNG plant on the Gulf Coast, at a cost of 3+ billion dollars, which was planning to meet the needs of European countries.

It may mean lower NG prices for the US, however.

1 posted on 08/09/2016 9:14:11 PM PDT by amorphous
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To: amorphous

Does it mean we can stop destroying the mid-east, on behalf of Saudi Arabia and the Gulf states?


2 posted on 08/09/2016 9:22:20 PM PDT by PGR88
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To: PGR88

Turkey was supposed to kick off WWIII for us but now they are defecting. This is a setback for the neocons but they will press on without Turkey. Syria is a necessary stepping stone to Iran.


3 posted on 08/09/2016 9:37:23 PM PDT by IDFbunny
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To: IDFbunny

Good F’ing Riddance. I hope Turkey gets out of NATO so that when Russia eventually invades Turkey they’re on their own.


4 posted on 08/09/2016 9:39:30 PM PDT by dfwgator
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To: amorphous

Saudi Arabia and the EU are going to be very upset about this.


5 posted on 08/09/2016 9:51:07 PM PDT by Enlightened1
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To: IDFbunny; PGR88
Syria is a necessary stepping stone to Iran.

I have a funny feeling that plan 'B' calls for reducing Damascus to rubble.

6 posted on 08/09/2016 9:54:33 PM PDT by amorphous
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To: Enlightened1

Yep


7 posted on 08/09/2016 9:58:11 PM PDT by amorphous
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To: amorphous

The Saudi king and Obama are soiling themselves......now we know a little more about who was trying to pull off that coup.


8 posted on 08/09/2016 9:58:58 PM PDT by doc maverick
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To: amorphous

So Turkey will pass gas frequently.


9 posted on 08/09/2016 10:08:42 PM PDT by Eleutheria5 (“If you are not prepared to use force to defend civilization, then be prepared to accept barbarism.)
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To: Eleutheria5

I’m sure, even now, certain interests are plotting to ensure Russian natural gas never reaches Europe via Turkey.


10 posted on 08/09/2016 10:16:08 PM PDT by amorphous
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To: amorphous

http://jerusalemjournal.net/news-and-views/quiet-urgency-in-face-of-probable-war

It goes over most people’s heads that Turkey is supposed to be aligned with Russia in the End Times with respect to Prophecy.


11 posted on 08/09/2016 10:27:04 PM PDT by Roman_War_Criminal (*Convicted of thought crimes by the Left and the Right*)
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To: Roman_War_Criminal

Ezekiel 38 speaksmof going to war for spoils. One of the world’s largest natural gas deposits was discovered off the coast of Israel. Turkey and Russia allign, Russia gets its warm watwr port, Turkey gets to control the flow of energy into Europe.


12 posted on 08/09/2016 11:02:50 PM PDT by LukeL
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To: Roman_War_Criminal

Many don’t want to believe it. I don’t want to believe it. I don’t even think Russia wants it, but it seems that will be the case. It seems Russia will be hooked and drawn into this, as chief prince of a new, and very powerful confederation, initially composed of Turkey, Iran, and Syria.


13 posted on 08/09/2016 11:05:18 PM PDT by amorphous
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To: amorphous
This should end the war in Syria.

I wonder of Putin and Erdogan will be sharing the Nobel Peace Prize this year?

14 posted on 08/09/2016 11:05:46 PM PDT by Cowboy Bob
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To: amorphous

Calling Joel Rosenberg!!! Please pick-up the prophecy phone line.


15 posted on 08/09/2016 11:07:12 PM PDT by Anti-Hillary (Soon everything in America will be "free", except it's people.)
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To: Cowboy Bob

It should, but I believe things are just beginning to get really serious, worldwide.


16 posted on 08/09/2016 11:08:30 PM PDT by amorphous
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To: dfwgator
Turkey's new, new Dictator is dissing the West (and why not, with Obama in charge?)and linking up with Russia's dictator who is linked to Iran's dictators.

In short, a nasty “Axis of Evil” is forming while Iran builds warheads which will be nuclear tipped soon enough.

In parallel, we see countries in the region dissed by a distant and cold USA forming their own Sunni block. The Arabs who are petrified by a nuclear Iran are joining up with Israel for an eventual strike on Iran.

17 posted on 08/09/2016 11:09:47 PM PDT by Netz
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To: Anti-Hillary

I have it on good source that most of his ideas come from FR. ;-)


18 posted on 08/09/2016 11:19:44 PM PDT by amorphous
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To: amorphous

Frack the Turks.


19 posted on 08/09/2016 11:39:48 PM PDT by Paladin2 (auto spelchk? BWAhaha2haaa.....I aint't likely fixin' nuttin'. Blame it on the Bossa Nova...)
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To: amorphous

Yeah I wouldn’t want any of my many in that 3 billion.

But they HAD to take into account ALL possibilities during planning, no?


20 posted on 08/10/2016 12:07:00 AM PDT by dp0622 (The only thing an upper crust conservative hates more than a liberal is a middle class conservative)
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