Russia & Turkey: Putin Makes a Pipeline Play, but Will It Pay?

Russian President Vladimir Putin and Turkish President Recep Tayyip Erdoğan talk to each other before a joint news conference on Dec. 1 in Ankara, where they announced a potential new pipeline to be used for delivering Russian natural gas to European markets. (Photo: Turkish Presidential Press Service)

Energy-poor Turkey stands to benefit from Moscow’s surprise decision to drop the $45-billion South Stream natural gas pipeline project, analysts say.

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Dorian Jones is a freelance reporter based in Istanbul.

Russia & Turkey: Putin Makes a Pipeline Play, but Will It Pay?

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