No 22



Turkey And Russia Risk Dispute On Future Blue Stream Gas Shipments

Having invested some $3.2bn to construct the worlds deepest underwater gas pipeline, Russias Gazprom and Italys Eni are now confronted with the prospect that it may take years before their investment begins to pay off while Turkey, the intended market for Blue Stream gas, struggles to get its house in order. Turkey needs to implement reforms, not only across the entire range of the economy, but...