Électricité de France

Russian Prime Minister Dmitry Medvedev said Nov. 25 that Russia may consider cancelling some important joint projects with Turkey after the downing of the Russian jet by Turkish F-16s near the Syrian border on Nov. 24, raising questions about the future of the countries' intimate economic and trade relations. 

Russia doesn't consider the construction in Bulgaria of a gas hub or a branch of the planned Turkish Stream pipeline, Russian Energy Minister Alexander Novak has said.

"This is not being discussed," Russia news agency TASS quoted Novak as telling reporters on Friday.

Sofia and Bratislava will push for Nord Stream II and South Stream gas pipeline projects to be put on an equal footing by the EU Commission, Bulgarian Deputy PM Meglena Kuneva has said.

The Bulgarian National Radio quotes her as saying an EU Summit scheduled for December is have gas pipeline projects as part of its agenda.

Russia's President Vladimir Putin said on Friday that the Turkish Stream gas pipeline project hasn't lost momentum but needs elaboration due to the large number of legal, technical and economic issues which the two sides have to resolve jointly.

Bulgaria's Prime Minister Boyko Borisov has dismissed Deputy Energy Minister Anton Pavlov, the government's press office has said.

In a statement to the media, no reason has been cited for the move.

Plans to build two next-generation nuclear reactors at Hinkley Point in southwest England are stalled at the crossroads of ambitions by Britain, China and French electricity giant EDF.
 

Environmental lobby groups on Oct. 7 urged French President Francois Hollande to force state-owned utility Engie to stop investing in coal projects in Turkey.

Engie, in partnership with the Turkish company Mimag-Sanko, plans to build the Ada Yumurtal?k 1,320-megawatt coal plant in the south of Turkey.

The spillover from a serious military confrontation between Russia and Turkey was exposed immediately, almost within hours. The first, entirely expected impact was seen in the field of energy as Russia?s Gazprom announced that it would cut the capacity of the planned Turkish Stream pipeline, which will carry gas from Russia to Europe through Turkey and Greece, by half. 

Gazprom has cut in half the planned capacity of its Turkish Stream gas pipeline project, Interfax reported.

"We will certainly pay great attention to the southern direction [of gas flows] in our strategy of diversification of transport routes," Gazprom CEO Alexey Miller told reporters on Tuesday, according to the Russian news service.

Gazprom has almost halved the planned capacity of its Turkish Stream gas pipeline project to 32 billion cubic meters (bcm) per year from an original capacity of 63 bcm, Gazprom Chief Executive Officer Alexei Miller said on Oct. 6.