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Negotiation of a cross-border natural gas pipeline: An analytical contribution to the discussions on Turkish Stream

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  • Dastan, Seyit Ali

Abstract

The announcement of the termination of South Stream project and the introduction of the Turkish Stream project by Russia was an unexpected move. A reasonable question we should ask if Turkey, and also Russia, behave as a prudent merchant and correctly calculate their negotiation powers when negotiating the Turkish Stream project. An analytical framework that outlines the stakes of the parties from the project would enable us to evaluate the negotiation powers of the parties. As such a framework depicts, Turkey had greater negotiation power than Russia if it had offered terms in which the gas hub is created in Turkey. However, Turkey downplays its power into a price negotiation while it could gain further ground in its ambition to become a regional gas hub.

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  • Dastan, Seyit Ali, 2018. "Negotiation of a cross-border natural gas pipeline: An analytical contribution to the discussions on Turkish Stream," Energy Policy, Elsevier, vol. 120(C), pages 749-760.
    • Handle: RePEc:eee:enepol:v:120:y:2018:i:c:p:749-760
    DOI: 10.1016/j.enpol.2018.03.012
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    2. Dardan Klimenta & Marija Mihajlović & Ivan Ristić & Darius Andriukaitis, 2022. "Possible Scenarios for Reduction of Carbon Dioxide Emissions in Serbia by Generating Electricity from Natural Gas," Energies, MDPI, vol. 15(13), pages 1-33, June.
    3. Dastan, Seyit Ali, 2023. "The predicaments of the Turkish natural gas market between supply shortages and price hikes," Resources Policy, Elsevier, vol. 82(C).
    4. Long Zhang & Wuliyasu Bai, 2020. "Risk Assessment of China’s Natural Gas Importation: A Supply Chain Perspective," SAGE Open, , vol. 10(3), pages 21582440209, July.
    5. Svetlana V. Ratner & Evgenii Yu. Khrustalev & Sergey N. Larin & Oleg E. Khrustalev, 2020. "Does the Development of Renewable Energy and Smart Grids Pose Risks for Russian Gas Projects? Scenario Forecast for Partner Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 10(1), pages 286-293.
    6. Kartal, Mustafa Tevfik & Pata, Ugur Korkut & Kılıç Depren, Serpil & Depren, Özer, 2023. "Effects of possible changes in natural gas, nuclear, and coal energy consumption on CO2 emissions: Evidence from France under Russia’s gas supply cuts by dynamic ARDL simulations approach," Applied Energy, Elsevier, vol. 339(C).

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