The recent framework agreement concluded between Iran and the US provides an opportunity for the EU to diversify its energy supplies and “to remould its security environment”, Willem Oosterveld and Sijbren de Jong argue in a contribution to The Economist this week. The key to achieving this lies in Turkey, which could start pumping gas from Iran and Russia to the EU once there is a nuclear agreement in place with Tehran, and the newly proposed ‘Turkish stream’ pipeline comes online. The resulting three-way interdependence between Russia, Turkey and Iran is likely to stabilize gas supplies and have “a salutary effect in advancing geopolitical stability” in the EU’s neighbourhood.
The letter to The Economist can be found here.
Experts
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