Russia_and_Turkeys_GasPublished by | December 28, 2014 | 

By Joaquin Flores | Center for Syncretic Studies and Oriental Review |

The status of South Stream and the newly announced Russia-Turkey gas deal is much more than it seems. It is primarily about putting the brakes on what has slowly been developing into the next world war.

This new deal may also represent a serious culmination of Russian, Chinese, and Iranian efforts to realign the entire bandwidth between the Adriatic Sea and India. This has ramifications not only for the EU, Bulgaria, and Turkey, but also Syria, Egypt, Israel, Iran, China and most of Latin America. Its effects reach far beyond the scope of this report, and includes currency wars, and military alliances.

Thus, this turn of events may be massive, and the culmination of the success which Iraq, Iran, and Syria have had, with their allies, in rolling back ISIS. Additionally, this comes on the heels of the big changes in Egypt, which saw Turkey’s main ally in the war on Syria removed. It also represents a major revival of the Russian effort to build an alternative route to the line going through Ukraine. That line has been the subject of numerous problems as the Ukrainians had been difficult partners.The recent outbreak of hostilities within Ukraine has made them an even less reliable partner, pushing the need to speed up the process of an alternative Russian gas route into high gear.

Let us begin with the reality as it has been presented. On December 1st, Russia declared to the world that it had dumped the South Stream project because the European Union had decided that it did not want it.

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Part II

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