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Sunday, 24 June 2018


Nabucco and South Stream: the fox and the crane

2009-07-13 23:14

3349.jpegToday, the Nabucco agreement with Turkey has been nevertheless signed. Ankara has restrained its claims for the gas transit fee. Turkmenia also reminded of itself by promising enough gas for the Chinese, Russian and European contracts. In both cases, the statements were preceded by the US ambassadors' visits to these countries. Meanwhile, before signing the Nabucco document, the Bulgarians suddenly suspended the Russian-Bulgarian energy projects.


Turkey has surrendered at last. It no longer requires 15 percent of Nabucco gas at a discounted price. Today, heads of the government of Turkey, Austria and Hungary, as well as heads of the energy companies of Bulgaria and Romania have initialed the intergovernmental agreement on Nabucco project.

It was the successfully completed negotiations on Turkey's joining European Union that pushed Ankara towards signing the agreement. This was the issue with which the country had associated its participation in Nabucco. EU has obviously provided certain guarantees, and the State Minister Egemen Bakhish stated victoriously that the long-awaited event was going to happen very soon. According to IA Trend News, Deputy Assistant Secretary of State for European and Eurasian Affairs Matthew Bryza was also satisfied to hear this news. No wonder: Turkey is no longer going to blackmail America with its Nabucco project conditions.

The most painful problem - gas source for the Turkish project - has been temporarily settled. According to the Turkish Prime Minister Tayyip Erdogan, "at the first stage of the project, the pipeline will carry the Azerbaijanian gas". However, the gas reserves from the undeveloped field of Shakh-Deniz, upon which Europe is counting, are going to be bought by Russia, so that this gas will not be enough. Realizing this fact, Erdogan added: "In future, we are going to get the gas from Turkmenistan, Iraq, Syria, Egypt, as well liquefied gas that will be carried in tankers from Qatar".

Turkmenia, which refused to affix a signature upon its gas-related promises in Prague, has all of a sudden announced its desire to fill the pipeline with the blue-sky fuel. President Gurbanguly Berdymukhamedov has stated that there are ample gas reserves in Turkmenia that will be enough for Russia, China and the Nabucco project realization. Before this speech, head of the state had met the USA ambassador, Under Secretary of State for Political Affairs William Burns.  The parties confirmed their mutual interest in cooperation in the energy sphere, which "complies with the interests of providing global security of energy supply".  

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