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Turkey and Ukraine find common ground on gas

Ukraine and Turkey hinted at stronger energy ties during a summit last week, but the two may only be partners of convenience in a period of discord with Russia Ukraine and Turkey hinted at stronger energy ties during a summit last week, but the two may only be partners of convenience in a period of discord with Russia.
By Joshua Posaner and Staff reporter 14 March 2016 Europe & Russia / Supply & Demand 0 19571
Turkish President Erdogan, left, and Ukrainian President Poroshenko at the summit in Ankara last week. (PA)

Turkey and Ukraine signalled a closer alliance on energy last week, but analysts say market realities are likely to restrict short-term cooperation when it comes to gas.

The leaders of the two countries took part in a bilateral summit in the Turkish capital late last week. One key suggestion from Ukraine’s President Petro Poroshenko was for Turkey to use his country’s gas storage facilities as a means of boosting national supply security.

"Poroshenko and [Turkish Prime Minister Ahmet] Davutoglu agreed to establish closer cooperation on issues relating...