EMerging Equity
Turkish Stream Pipeline
Greece And Russia Sign Deal On Turkish Stream In The Mist Of The Greek Debt Crisis
On June 2nd, EMerging Equity reported that Greece was planning to sign a document on political support for Gazprom’s Turkish Stream project at the St. Petersburg International Economic Forum. Surprisingly, while struggling with its debt, Greece wanted to allocate $2 billion to support its construction. And … it happened. Russia and Greece have signed a deal to create a joint enterprise for construction … Continue reading
Greece Plans To Sign €5 Billion Deal With Russia On Turkish Stream Pipeline, Spiegel Says
Greece and Russia are planning to sign a bilateral agreement which would grant Athens up to five billion euros as prepayment for the construction of the Turkish Stream gas pipeline, according to a report on Friday from German magazine Spiegel. According to Spiegel, a deal is planned to be signed on Tuesday, and if the agreement is reached Greece would receive three to five billion … Continue reading
Europe’s Addiction To Russian Natural Gas To Continue
By Ronan Keenan Over the past year, many have clamoured for the EU to reduce its energy reliance on an increasingly revanchist Russia. As approximately 30% of its natural gas imports stem from Russia, it seems logical that the EU should lower its dependence on Moscow. Russia does not enjoy a steadfast export reputation, as … Continue reading
Turkish Stream Pipeline Will Make Greece Europe’s Major Gas Distributing Center, Putin Says
Russian President Vladimir Putin said on Wednesday that Greece’s participation in the Russia-proposed Turkish Stream gas pipeline project would make them Europe’s major gas distributing center and would bring them hundreds of millions of euros in annual revenues for transit services alone, in addition to raising the nation’s geopolitical status considerably. The statement from Putin came after talks … Continue reading
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