The Turkish Stream pipeline project enables Ankara to secure its energy supply and demonstrate a strong hand to its Western partners, Hasan Ozertem, Head of the Center for Energy Security Studies at Turkey’s International Strategic Research Organization (USAK) told Radio Sputnik.
On Friday the Turkish parliament ratified an agreement with Russia for the construction of the Turkish Stream natural gas pipeline project
The project was announced in 2014 but talks on its realization were halted last year after Turkish jets shot down a Russian Su-24 bomber carrying out anti-terror operations in Syria in November. In July this year Turkish President Recep Tayyip Erdogan apologized for the incident, and since then Russia and Turkey have committed to normalizing their relations, including the re-establishment of the Turkish Stream and the lifting of Russia’s embargo on Turkish food products and charter flights to Turkey.
“This is one of the main milestones of the normalization process between Turkey and Russia after Putin and Erdogan came together in summer 2016, and it seems that both parties are focused on taking relations to the next step with the Turkish Stream and it is going to be one of the main projects taking relations to the next level,” Ozertem said. As well as changing Turkey’s relationship with Russia, the multibillion dollar project will bring in revenue, induce infrastructure investment and create employment in Turkey, Ozertem said.
“In the coming decade Turkey will probably be one of the transit partners of Russia, carrying Russian gas to the European continent and in this regard the relations between Turkey and Russia will pass to the next stage.” “This is one of the megaprojects for the next decade for the Turkey-Russian relationship and it’s going to create some momentum in Turkish economic investment and Turkey expects to gain some money out of this.”
“The crucial impact is on Turkish-EU relations, because at the moment Turkey can give a strong signal to Europe and the US that while relations between the West and Turkey are in a delicate position, Turkey is not left alone and Russia and Turkey can manage to implement megaprojects and co-operate at the bilateral level.” “So in this regard, while getting some pressure from the West, Turkey can use this project as a kind of leverage, or points, to use against the West, (having) Russia as a strong partner in this changing global environment,” Ozertem said.
Turkish Parliament ratifies deal on Turkish Stream gas pipeline
The Turkish Parliament passed a bill ratifying an intergovernmental agreement with Russia on building the Turkish Stream gas pipeline late on Dec. 1.
Ankara and Moscow signed the gas pipeline agreement in Istanbul on Oct. 10 after Turkish President Recep Tayyip Erdoğan and Russian President Vladimir Putin held a meeting in a bid to further normalize ties after the jet crisis.
It was planned that the offshore section of the Turkish Stream gas pipeline would comprise four stretches with a capacity of 15.75 billion cubic meters (bcm) each.
However, talks on the project were subsequently suspended, including due to the crisis in bilateral relations.
After talks were held between Erdoğan and Putin in St. Petersburg in August 2016, a decision was made to resume works under the Turkish Stream gas pipeline project, to set up a working group and to prepare a roadmap.
In the intergovernmental agreement, the number of pipeline branches has been decreased to two, each with a capacity of 15.75 bcm.
The first branch will supply gas directly to Turkey, while the second will be used to deliver gas to European countries through Turkey.