From South Stream to Turk Stream

CIEP, November 2015
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Russia's cancellation of the South Stream project in December 2014, accompanied by the announcement that a pipeline to Turkey would instead be built, is an important turn of events that could potentially have significant consequences for future Russian gas flows to Turkey and parts of Europe.

This CIEP paper aims to discuss a number of questions stemming from the cancellation of South Stream and the planned construction of Turk Stream.