Turkish Stream will work before the end of the year

Turkish Stream will start operating at the end of 2019.  This was stated by Russian President Vladimir Putin at a joint press conference with Turkish President Recep Tayyip Erdogan.

“We presume that by the end of the year Russian gas will begin to flow to Turkish consumers”, Putin said.

Earlier, Deputy Chairman of the Board of Gazprom, Oleg Aksyutin, said that gas supplies through the pipeline are expected by December 31.  The Russian part of the Turkish Stream gas pipeline is 99% ready; an offshore gas pipeline is built, Aksyutin said in July.

“We have no doubt that the gas pipeline will be introduced along with the site on Turkish territory within the time frame that should be – December this year”, he stressed.

“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 capacity of each line is 15.75 billion cubic meters of gas per year.

Earlier it was reported that Serbia had begun to build a section of the Turkish Stream gas pipeline.

Source: interfax.ru

Tags: Gazprom, gas, contracts, hydrocarbon production, legislation, EU, energy market, gas production, gas transit, Turkish Stream, foreign affairs

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