Eni currently holds a stake in the Samsun-Ceyhan pipeline project in Turkey.
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The project also highlights Turkey's growing involvement in the region, a marked change from just a few years ago when ties were strained over Ankara's battle against Kurdish insurgents seeking self-rule in Turkey.
The A400M military transport plane program was launched six years ago with an order for 180 planes from seven governments--Belgium, Britain, France, Germany, Luxembourg, Spain and Turkey--but the project is running at least three years late.
Reflecting the mild, modernist Islamism of the Justice and Development party, known by its Turkish initials AK, which has ruled Turkey since 2002, the new policy seeks to use the soft power of trade, along with historical links, to project stability beyond Turkey's frontiers.
Among its projects: the Mecca-to-Medina high-speed railway in Saudi Arabia, the Marmaray railway linking the European and Asian sides of Istanbul in Turkey and the Ural Polar railway project in Russia.
His project is one more example of shifting relations between Turkey and Armenia.
The country's biggest foreign investor, Turkey, says it is ready to take part in the Nabucco project.
It has agreed to host the radar component of a proposed NATO nuclear missile defence shield, a project that is aimed mainly at Iran, with which Turkey has a tricky relationship.
And building a pipeline to Turkey from Baku would be child's play compared with the Russian project, which involves laying the deepest undersea pipeline in the world, through the corrosive sludge of the Black Sea bed.
"We believe the EU should be more of a global entity and Turkey will contribute its position as a real global actor, not a European project, but more of a global project, " he said.
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Start lumping pipeline construction costs across Azerbaijan, Turkey and Europe into the mix, then Shah Deniz becomes a mind blowingly expensive project.
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