Pipeline puzzles on the Balkans – “South Stream” is dead, long live “Turkish Stream”

On 7 April the foreign ministers of Greece, Turkey, Serbia, Macedonia, and Hungary met in Budapest to discuss plans for cooperation in the energy sector. A common declaration was signed whereby the first diplomats of the five states agreed upon the need to improve energy security and develop an alternative gas supply route through South-East Europe and Turkey thus enhancing the friendly relations in the … Read more…