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Tuesday, February 20, 2018

Erdogan imposed on Putin’s gas discounts in the agreement on the Turkish stream

The bottom line of Putin’s visit in Istanbul was a partial withdrawal of bradenburg, imposed by Russia after the incident with the bomber, and the signing of the gas agreement. However, cunning Erdogan managed to link an agreement on the construction important for the Kremlin “Turkish stream” to provide Ankara discounts on gas.

photo: kremlin.ru

After the plenary meeting of the world energy Congress Vladimir Putin went to Istanbul the residence of Erdogan at a bilateral meeting. The negotiations were long and, apparently, difficult. Each party against the background of public declarations on the resumption of cooperation nonpublic tried to bargain for preferences.

From behind closed doors every hour was leaking conflicting information, and until recently it was not clear who gets to sell – Putin, Erdogan or Erdogan Putin.

In the end, as expected, turned out a draw. Russia has agreed to partially lift the embargo on Turkish products. In particular, according to Vladimir Putin, the domestic market will be able to return most popular Turkish fruits – lemons, oranges, peaches and apricots.

“This decision is mutually beneficial, Russian agriculture does not produce such products. And the flow of Turkish goods can lead to lower prices in the domestic market,” – said Putin. Tomatoes, as requested by the Russian manufacturers, is still banned. But their return – a question of time, confidence in the Russian delegation.

For its part, Russia has made from the Turks signing the agreement on the Turkish stream. The document was prepared within two months, he envisages the construction of two pipelines to the end of 2019.

It is assumed that one thread of Russian gas in the amount of 15.75 billion cubic meters per year will receive the Turkish consumers. The second with the same amount of power is being built for Europe. It is a continuation of the pipeline should be “Poseidon”, which is from the borders of the EU wanted to make Italy and Greece.

It is noteworthy that recently Vladimir Putin said that Russia will not get involved in gas projects tied to European market, without clear guarantees of their implementation by the European Commission. On the second line of the “Turkish stream” there are no such guarantees, but the position of the Kremlin, apparently, has changed.

Moreover, Erdogan failed to bargain with the Kremlin discount on already delivered to Turkey Russian gas.

Although energy Minister Alexander Novak in the morning assured journalists that negotiations on this subject are a private matter between two companies (“Gazprom” and Turkish “Botas”) and are not connected with the “Turkish stream,” Vladimir Putin at the talks said the opposite.

“In the framework of the project “Turkish stream” and the expansion of our cooperation we have agreed on the mechanism for providing discounts on gas. I draw your attention that in this way we are moving towards the implementation of the plans of the Turkish President about creating in this country a major energy hub,” – said the Russian President.

The amount, term and other conditions of granting discounts Putin did not name. Earlier the Turks asked for a 10% discount to the agreed until 2014 price, promising to Finance part of the cost of the construction of the pipeline on its territory.

Alexander Novak also refused to disclose the specific numbers to “fooling no one”. “They will announce when you agree,” – he translated the arrows on the gas.

Read a report from Istanbul: Putin in Turkey made an unprecedented statement on limiting oil production

Relations between Russia and Turkey. Chronicle of events

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