Turkish Stream - death sentence for Turkey

Turkish Stream - death sentence for Turkey

Baku, Azerbaijan, July 1

By Rufiz Hafizoglu - Trend:

The first week of July will be critical for Ankara and Moscow. Ankara may apply to the Court of Arbitration if Russian Gazprom company does not disclose the final discount for Botas next week, the Turkish state pipeline company Botas told Trend earlier.

The agreement between Ankara and Moscow was to be signed in March 2015, but Botas refused to sign the agreement because of national interests.

The reason for refusing to sign the agreement on Russian gas was that Russia puts its interests ahead of Turkish ones. Turkey considers the Turkish Stream construction project a risky one, Botas told Trend earlier. Even earlier Turkish Minister of Energy and Natural Resources Taner Yildiz has repeatedly said that the Turkish Stream project is risky despite its advantages.

In fact, if this project had been vital for Ankara, the Turkish authorities would have found a way to persuade Moscow to have Botas's participate in this project.

Although the Russian media reported that Turkey has given permission for the Turkish Stream construction, it is wrong.

Turkish Energy Minister Taner Yildiz said in one of his recent statements that only permission to conduct engineering research on marine areas of the Turkish Stream is the case, until Turkey gives permission for construction of the Turkish Stream pipeline.

The document provides research on the first line of the gas pipeline on the land area and the territorial waters of Turkey.

In addition, Russian Energy Minister Alexander Novak recently pointed out that Russia and Turkey plan to agree on the text of the intergovernmental agreement on the Turkish Stream gas pipeline by late June.

At the same time, Novak somehow forgot that the Prime Minister of Turkey Ahmet Davutoglu gave his resignation and the resignation of the government to President Erdogan on June 9, i.e. two days after the parliamentary election.

Erdogan accepted the resignation of the government of the country and instructed the prime minister to stay until the creation of a new government. This shows that at this point, the government of Turkey is a mere formality and that the signing of an intergovernmental agreement with any country, including Russia, is out of question.

In addition, the Turks will not agree to such a mistake by signing an agreement to build the Turkish Stream not taking into account their interests, i.e. discount for Russian gas.

Undoubtedly, the new Turkish government will not make concessions to Russia on this issue either. Given Turkey's growing demand for natural gas, the discount for Russian gas is very important for Ankara.
Moreover, if the new Turkish government signs the intergovernmental agreement without taking into account the country's interests, this will lead to the energy crisis sooner or later.

Turkey's political elite is well aware that gas is a tool of pressure for Russia.

Russia reminded Turkey of that in March. Turkey's BOTAS Petroleum Pipeline Corporation expected that Russia would make a 15 percent discount acceptable for Ankara for the gas supplied to Turkey. However, Gazprom agreed to offer a discount only for private Turkish companies which account for over a third of Russian gas import.

This step taken by Russia was nothing but an attempt to put pressure on Turkey though the private sector. Thereby, Russia showed that it is ready to make concessions on gas prices only under one condition: Ankara for its part should make concessions in the implementation of the Turkish Stream project- that is unlikely.

Edited by CN

---

Rufiz Hafizoglu is the head of Trend Agency's Arabic news service, follow him on Twitter: @rhafizoglu

Uzbekistan to restore air communication with Saudi Arabia
Uzbekistan to restore air communication with Saudi Arabia
Uzbekistan imported more than 200 million liters of gasoline in Jan-Apr 2021
Uzbekistan imported more than 200 million liters of gasoline in Jan-Apr 2021
Azerbaijani and Tajik FMs discuss situation on Azerbaijani-Armenian border
Azerbaijani and Tajik FMs discuss situation on Azerbaijani-Armenian border
Loading Bars
Latest
Chamber of Commerce hopes Iran's trade to improve as COVID-19 spread declines
Iran to hold conference on electrical engineering
Weekly review of Azerbaijani oil market
Uzbekistan to restore air communication with Saudi Arabia
Georgian Parliament Speaker to pay official visit to Brussels
Britain reports 2,027 new COVID-19 cases, seven deaths
Emergency session of OIC to be held on May 16 at Turkey’s initiative, Ankara says
Turkey aims to create electric vehicle market
Uzbekistan imported more than 200 million liters of gasoline in Jan-Apr 2021
Iranian, Spanish FMs exchange views on economic, trade coop.
Kazakh, Polish, Ukrainian and Arabian airlines to resume flights to Batumi
All international airlines halt air service with Israel
IDF confirms its strike on Gaza building after advance warning to civilians
Azerbaijani and Tajik FMs discuss situation on Azerbaijani-Armenian border
Fitch Ratings forecasts inflation rate in Azerbaijan for 2021-22
Nordwind launches direct flights from St. Petersburg to Baku from May 18
US ambassador to Azerbaijan, USAID director meet with Azerbaijani MP
Shooting occurred on border with Iran, two Azerbaijani border guards were killed
Suez Canal starts dredging work to extend double lane
At least 2,300 missiles fired at Israel from Gaza Strip since May 10
Africa's COVID-19 cases pass 4.67 mln: Africa CDC
Turkish Airlines resumes flights to Azerbaijan's Ganja (PHOTO)
Azerbaijan shares data on number of vaccinated citizens for May 15
France's import value of Turkish cement rises
Azerbaijan confirms 377 more COVID-19 cases, 1,318 recoveries
Azerbaijan's government budget deficit to narrow in 2021-2022 - Fitch Ratings
Azerbaijan's olive oil company entering Russian market
Turkey's revenues from exporting electrical goods to France increase
Fitch Ratings anticipates Azerbaijan's GDP growth in 2021
Value of Georgia's import of Turkish clothes grows
China's import value of Turkish electrical goods up in 4M2021
Turkey unveils number of ships docking at Tuzla port in 1Q2021
French import of grains from Turkey rises in value
Fitch predicts growth in foreign direct investments in Azerbaijan
U.S. requires inspections for wire failure on Boeing 737 Classic planes
Azerbaijani oil prices rebound
Iran hoping to overcome 4-th peak of COVID-19
Iran worried about blackouts due to cryptocurrency mining at homes
Georgia increases exports of beer
Kazakhstan's import value of Turkish electrical goods disclosed
Kazakhstan’s postal operator to engage repair services via tender
Kazakh energy company opens tender for buying isolators
Uzbekistan's import value of Turkish electrical goods notably up
Walmart says fully vaccinated employees can go without masks starting Tuesday
Azerbaijani president, first lady visit secondary school No 1 and Saint Elisæus Jotaari Church in Nij settlement, Gabala (PHOTO)
Georgia reports 1,576 new cases of COVID-19
Iran hopes to start exporting gas if Vienna talks are successful
Iran's 4M2021 import of Turkish grains doubles in value
Turkey reveals 1Q2021 volume of cargo shipment via Trabzon port
Value of Turkish cement export to Germany rises
EBRD to back development renewable energy projects in Georgia
Azerbaijani president, first lady attend opening ceremony of Gabala Railway Station and Laki station - Gabala single-track railway (PHOTO)
Azerbaijani president, first lady attend opening ceremony of new bridge over Bum River, road to Bum settlement after renovation (PHOTO)
Azerbaijani president, first lady visit Albanian Church of Blessed Virgin Mary in Nij settlement, Gabala (PHOTO)
Azerbaijani president, first lady arrive in Gabala district (PHOTO)
Iran inaugurating more projects in Chabahar port
Romania’s Romgaz lowers natural gas output q-o-q
No provocative actions against Russian peacekeepers noted in Karabakh - MoD
Casualties due to landmines in Azerbaijani liberated territories addressed at online conference
India: Modi releases 8th instalment of PM-KISAN benefits
Fitch revises outlook on Azerbaijan's IDR
Armed forces spearhead India’s Covid battle
UN Secretary-General counts on cooperation with Russia in supporting peace and stability
Romgaz’s investments turn out to be 39% less than planned
Spain logged hottest year on record in 2020
Romgaz sees over 7% decrease in Q1 2021 revenues
Khari Bulbul festival in Azerbaijan's Shusha became message to the world - MP
TAP AG joins other partners to submit White Dragon for IPCEI status
UAE urges Mideast ceasefire, offers condolences to all victims
Vienna Energy Research Group talks Iran's capacity in oil production, int'l oil sales
Iran to invest in Afghanistan's infrastructure projects
Petrochemical revenues to become less volatile, says McKinsey & Co.
Tickets for UEFA EURO 2020 matches in Baku up on sale (PHOTO)
Georgia’s subsistence minimum up
Azerbaijan to have two routes to Turkey within BTK corridor
Europe has right conditions for "safe reopening" of tourism in summer - EU Commissioner
Georgian-Lithuanian co-op facilitates freight transport between China, Europe - Ministry
Jan.-Apr. 2021: Georgian wine export up 15%
Demand for domestic tourism on the rise in Kazakhstan
Some 300 applicants register for Presidential elections in İran
Turkey’s 87 tech zones exports reach $5.8 billion
China's probe lands on Mars
Kazakhstan keen to cooperate with Spain in water resources management
Number of active U.S. drilling rigs increases this week
Cuba reports record number of daily COVID-19 cases
Japanese lawyer implores Tokyo to cancel Olympics, 350,000 sign petition
Romania to ease COVID-19 restrictions from Saturday
U.S. city Columbus agrees to pay 10 mln USD to family of unarmed black man killed by police
3 rockets fired from Syria toward Israel
Indonesia reports 2,633 new COVID-19 cases, 107 new deaths
Turkey reports over 14 400 COVID-19 cases)
New project 'Log in Georgia' to give access to high-speed internet to people in rural areas
Head of Kazakhstan holds meeting with World Bank Vice President for Europe and Central Asia
Lithuanian company launches innovative complex solution in Azerbaijan's financial sector
5.2 mln Ethiopians in restive northern region need food aid - UN
Improved coronavirus conditions lead to further relaxation of restrictions in Cyprus
Israel's annual inflation up 0.8 pct, highest in nearly 2 years
Chairs of Azerbaijani Parliament, Turkish National Assembly talk issues of mutual interest
COVID-19 kills 202 more Iranians over past 24 hours
Lithuania gifts 15,000 Covid-19 vaccines to Georgia
All news