To Innovation - Breaking Politics, Economics, Crypto & IT News

learn more
Reporting from Watford, UK and LA, US since 1996
learn more




TOP STORIES
Huawei ushers in 5G

Huawei today presented the first commercial 5G device. With the help of the Balong 5000 chipset, the...



Expert: Turkey will have to change its energy politics after the coup



Most likely U.S. and Europe will stop collaboration with Turkey and the country will have to find a compromise with Russian partners.



28.Jul.16 11:03 PM
By Alesya Davydova
Photo Toinnov.com

   200

Expert: Turkey will have to change its energy politics after the coup

The attempted coup on July 15, 2016 will definitely change many sides of Turkish life and politics including the energy sector, the expert of Oilprices.com states. Most likely U.S. and Europe will stop collaboration with Turkey and the country will have to find a compromise with Russian partners.

Right after the coup Turkish officials accused U.S.A. of helping the attempted overthrow. In light of this, it is doubtful to whether Turkey will continue to be a member of the NATO alliance or not and American energy companies will most likely not operate in the Turkish energy sector and European energy companies may leave its energy market too.

Thus the only option for Erdogan will be Russia and, the expert is sure, Putin is acutely aware of the fact that Erdogan has no other choice and will likely force Erdogan to compromise and accept all the conditions of the Russian side.




Back to the list


Related Information: