New Energy Sources Weaken Russia’s Pipeline Monopoly in Europe

New Energy Sources Weaken Russia’s Pipeline Monopoly in Europe

In late-June, Turkey and Azerbaijan signed accords green-lighting the much-anticipated $7 billion Trans-Anatolian Pipeline (TANAP), which will ferry 16 billion cubic meters (bcm) of natural gas from Azerbaijan’s Shah Deniz II field through neighboring Georgia to Turkey and from there to European markets. While the deal has been described as a deathblow to the once highly touted European Union-backed Nabucco pipeline consortium, TANAP’s emergence alongside a host of other alternative and unconventional energy options is also endangering Russia’s near-monopoly in the European natural gas market. In its original form, Nabucco, named for Verdi’s famous opera, was billed as a means […]

Keep reading for free right now!

Enter your email to get instant access to the rest of this article, get five free articles every 30 days, and to receive our free email newsletter:

Or, Subscribe now to get full access.

Already a subscriber? Log in here .

What you’ll get with an All-Access subscription to World Politics Review:

A WPR subscription is like no other resource — it’s like having your own personal researcher and analyst for news and events around the globe. Become a member now, and you’ll get:

  • Immediate and instant access to the full searchable library of 15,000+ articles
  • Daily articles with original analysis, written by leading topic experts, delivered to you every weekday
  • Daily links to must-read news, analysis, and opinion from top sources around the globe, curated by our keen-eyed team of editors
  • Weekly in-depth reports, including features on important countries and issues.
  • Your choice of weekly region-specific newsletters, delivered to your inbox.
  • Smartphone- and tablet-friendly website.
  • Completely ad-free reading.

And all of this is available to you — right now for just $1 for the first 30 days.

More World Politics Review