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ARTICLE · 29 JUNE 2015

The New Era In Energy: Turkish Stream

Russian energy leader Gazprom maintains its leading position in the gas industry of the world. The world's access to gas is enabled mainly via Gazprom's transportation lines as Gazprom owns the largest gas transport system.

TurkeyEnergy and Natural Resources

Russian energy leader Gazprom maintains its leading position in the gas industry of the world. The world's access to gas is enabled mainly via Gazprom's transportation lines as Gazprom owns the largest gas transport system (approximately 158,200 kilometers). Although Gazprom was partly privatized a while after 1989, Russian government currently holds the majority stake of the company. The government involvement in energy industry necessitates political agreement between parties as well as industrial partnership agreements. Beginning from 1984, with the construction of Urengoy–Pomary–Uzhgorod pipeline, Europe has been using Russian gas. The fact that Europe is dependent on Russian gas makes the issues between Russian government and Europe a lot more than energy. Russian government makes itself listened to in the international arena owing to large amount of gas supply it holds. With new projects, Russian government and Gazprom have no intention to give up being a leading

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