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EU Loses Out as Turkey Gobbles Up Caspian Gas

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The EU looks certain to be disappointed in its hopes to secure extra gas from Azerbaijan to replace dwindling imports from Russia. Turkey has made it clear that any additional volumes destined to be transported by the Southern Corridor pipeline system across its territory will in fact be hungrily mopped up by itself as Ankara exercises its legal right to the gas.

Topics:
Gas Supply, Gas Pipelines, Gas Demand, Gas Prices, Security Risk , Policy and Regulation, Ukraine Crisis
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