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How will the Turkish current change the energy map in Europe?!

15-12-2019 | admin

The Russian website Eurasia Daily published a report on the Turkish current project to extend a pipeline to transport Russian gas to Europe via Turkey, which includes two pipelines each with a capacity of 15.75 billion cubic meters of gas.

In its report, the site said that the construction of part of the gas pipeline through Serbia from the Bulgarian border to the Hungarian border was nearing completion, according to the Serbian President. Serbia is expected to be among the countries built by the "Turkish Current" pipeline, and until the gas pipeline is completed, Serbia will be supplied with Russian gas.

According to the website, the gas pipelines will be intended for Turkish consumption and for southern Europe. As for the second line leading to Europe, Moscow has requested serious assurances from Brussels before the project begins, and will not begin if it does not receive serious promises from the European Union that it will not face any obstacles. An agreement was likely reached on the construction of Nord Stream-2.

The site reported that the Turk Stream lines will be completed soon, and Russian gas will also be provided to Turkey via the Blue Stream line, which has a capacity of 16 billion cubic meters. Furthermore, the same Tanab gas pipeline, which will transport gas from Azerbaijan to Europe, has been completed.

The website indicated that as to what would happen in southern Europe in the event of a gas dispute between Russia and Ukraine, it was currently unrealistic for several reasons. The first reason is that The Nord Stream-2 will be completed soon, in addition to the Nord Stream line, which is already in place, with a two-line capacity of 55 billion cubic feet. The transportof gas through Ukraine may in no way be the key to providing energy to Europe, as Russia is creating alternative routes for gas delivery.

According to experts, after the construction of the Siberian Force, Russia got the opportunity to export new quantities of gas to the Far East under a $400 billion agreement signed with China for 35 years. On this basis, Russia's gas infrastructure has been greatly strengthened over the past years, which means that Moscow's arguments in negotiations with Kiev are very strong.

The site reported that gas production is declining in Europe, meaning that the old continent needs Russian gas. For its part, Europe will press Ukraine on the impossible conditions for the transportof Russian gas. In general, "Europe is unlikely to side with the U.S. side in the gas dispute over the Turkish current."
The Turkish gas pipeline will contribute to energy stability in Serbia, as nearly 15 billion cubic meters of gas will pass through the country, the website said. The rest of the Western countries view the Turkish current project differently, for example, the United States does not object to the construction of the Turkish current project if it is in accordance with European legislation on the energy sector.

The website stressed that it should not be forgotten that Russian-American relations are currently at their lowest level since the end of the Cold War, and that would affect the energy security sector related to Russian gas. But it is not known what the United States could do against the Turkish current project, and this can be expected based on the U.S. position on the Nord Stream-2 line, which transports gas from Russia to Europe, where no sanctions have been imposed on Russia.

According to experts, it is difficult to know what is on the mind of the Russian president, who said he is trying to find alternative ways to supply Russian gas to Southeast Europe, if there are any potential obstacles that could prevent gas from passing through Europe through Ukraine. In fact, the Russian President plans to supply Serbia with gas, as it is the most natural gas-deprived region of all the Balkans. It is also located in the middle of the Balkan peninsula and has no access to the sea; for this reason, i.e., gas supplies to Serbia, it will pass through the European Union and NATO countries.

The website stated that a statement had recently been issued by Bulgarian Prime Minister Boyko Borisov, in which he stressed that all the legislative conditions and requirements of the European Union and NATO must be taken into account; accordingly, the gas pipeline could be built for the time being. The question is the circumstances under which Russia will supply Bulgaria with gas.

The site noted that Serbia was in a disadvantaged position, not only because of its geographical location, but also because it was not connected by pipelines to neighbouring States. But in return, it is only connected with Hungary, the only supplier of Russian gas. In general, Serbia cannot buy gas on the European gas market.

The website noted that the world is currently dominated by the theory of diversification of gas supply sources and trends in gas sales in the global gas market. In fact, this theory applies not only to gas consumers but also to gas producers. So, producers are trying to secure many markets, and in fact, that's what Russia is trying to do, and it has recently opened up a huge Chinese energy market, which means it won't be held hostage to dependence on the European energy market.

source/ arabi21