by Nikitas » Thu Nov 13, 2014 4:54 pm
An interesting assumption: "listen what israel is saying. pipeline should go through terggy into eu. they have said it enough. you ignore at your own peril."
It assumes that the one and only potential buyer is Europe. What if the buyers are further east? Or south? Note that one of the active investors is Korean, that says a lot. What use is a Turkish pipe line then? The Greek shipowners investing in LNG carriers were not thinking of Europe when they invested billions. This game is much more fluid than it looks. Just add up the gas needs of the immediate neighbors- Israel, Egypt, Jordan and you come up with a ready market. Add the energy benefits at a time when Europe is mastubating with renewables and energy costs are rocketing, and EU firms are migrating to the USA due to lower energy inputs. The area might just become a low energy cost investment area and the gas locally consumed.
Turkey wants to solidify the situation so it benefits what it perceives as its interests. So far they have not done one single right move. They could have been the No1 power in the area, but chose both the wrong goals and the wrong methods, ie pretending there are no problems with any neighbor and promoting neo ottomanism in a group of countries ALL of which fought off the Ottoman empire, succesfully. The sheer stupidity of using that name, even if its goals might have a noble purpose, shows who we are dealing with. The guise may be new, ie the image of a dynamic modern country, underneath is the rotting corpse of the ottoman empire.