Russia’s recent abandonment of “South Stream” in favour of “Turkish Stream” signals a new strategy on European exports. But does it make sense?
The South Stream pipeline was supposed to connect Russia directly with southern and eastern Europe while avoiding “troubled” Ukraine.
The EU commissioner responsible for “energy union”, Maros Sefcovic, claims that Turkish Stream is economically absurd.
Let’s take a closer look.
Russia’s export strategy to Europe since the coll...
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Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.