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Russia Winner in Energy Transit Deal With Turkey

Turkey chooses cooperation with Russia on South Stream energy project.
Azeri Energy Minister Natik Aliev (L) and Turkish Energy Minister Taner Yildiz attend the signing ceremony of The Trans-Anatolian gas pipeline project in Ankara December 26, 2011. The Trans-Anatolian gas pipeline project, which will carry Azeri gas across Turkey to Europe, has a capacity of around 35 billion cubic metres (bcm) and can carry 16-24 bcm annually, officials from Turkey and Azerbaijan said on Monday. Azeri state energy company SOCAR, Turkey's state pipeline company Botas and Turkey's state energ

When the Shah Deniz Consortium opted for Trans-Adriatic Pipeline (TAP) instead of Nabucco, Russia technically won the battle for Europe’s fourth energy corridor. If Turkey, which granted a permit for Russia’s South Stream gas pipeline project, is not able to partake in some of this Russian success, it is because Ankara did not give permission — in an attempt to achieve its own energy ambitions, despite its intractable political and economic ties with Russia.

The fourth energy corridor, known also as the southern energy corridor, aims to bring Caspian gas to Europe via southern routes instead of northern Russian territories. During the project’s battle to become the fourth energy corridor, Turkey’s full commitment to the objective of building the corridor was certain but its preference among competing  gas pipeline projects to build the corridor remained unclear.

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