LAST UPDATE: 17.27 European nations should thank Turkey that they can still import Russian gas through the TurkStream pipeline, Russian President Vladimir Putin said on Friday, shortly before his meeting with his Turkish counterpart, Tayyip Erdogan. The statements were made from Sochi, a Russian resort on the Black Sea, which is hosting the meeting of […]
Tag: Turkstream
Why Nord Stream is so important in the energy ‘war’ between the EU and Russia
Europe is waiting until early Thursday to learn whether Russia will restart natural gas flows through its largest pipeline after maintenance work ends. Russian President Vladimir Putin has said supplies will continue, but at lower levels and with conditions. At the same time, however, he left hints as to whether the pipeline will be able […]
Countdown to Europe’s energy self-sufficiency – Nord Stream 1 maintenance has begun
By Haris Fludopoulos The countdown to Europe’s energy security has begun as the Nord Stream 1 pipeline, which supplies natural gas to Germany and, by extension, central Europe, has been closed for maintenance since today. However, Russia has already in the last few days reduced the flow of gas to just 40% of the pipeline’s […]
Turkstream returns, and normalcy returns to electricity
By Harry Floudopoulos Last week saw an increase in wholesale electricity prices, which exceeded 300 euros / MWh, as gas prices came under pressure over concerns over the smooth supply of fuel from Russia. Thus, amid the information that Germany is activating the emergency plan for the supply of natural gas, the prices of natural […]