Turkey significantly reduced gas transit through Turkish Stream

Turkey is significantly reducing the volume of Russian transit through the Turkish Stream gas pipeline, Ukrainian Energy reports.

According to the results of March, Gazprom reduced the gas supply by the state Botas and the independent Turkish operator by 7 times to 210 million cubic meters. Such data was published by the Federal Customs Service.

“Compared to 2018, the decline was more than 14-fold: then in the first quarter, Turkey acquired 8.8 billion cubic meters (2.93 billion on average per month),” the statement said.

Turkey fell significantly in the list of Gazprom’s largest customers, buying almost as much gas as Armenia (193 million cubic meters) and less than, for example, Lithuania (272 million).

Gazprom reduced supplies to the Turkish market last year by 35%, to 15 billion cubic meters – a minimum of more than 10 years. As a result, Turkish Stream and Blue Stream with a total capacity of 35 billion cubic meters remained half empty. In March, the capacities of two gas pipelines (2.9 billion cubic meters per month) were less than 10% full.

Turkish Stream is a project of an export gas pipeline from Russia to Turkey through the Black Sea and further to the Turkish border with neighboring countries. The first line of the pipeline is intended for the Turkish market, the second – for gas supply to the countries of Southern and Southeast Europe. The power of each line is 15.75 billion cubic meters of gas per year.

Tags: Gazprom, gas, contracts, legislation, energy market, gas transit, Turkish Stream, GTS, RF, foreign affairs, Gas market, Putin, stocks, pipeline, price, gas supplies, volumes, infrastructure, energy sector, natural gas

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