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Gazprom Will Half the Capacity Of the Turkish Stream Pipeline
October 6, 2015 22:45


“Gazprom” has decided to half the capacity of the “Turkish Stream” pipeline – down to 32 billion cubic meters of gas per year. This was announced by the Head of the state-owned company, Aleksei Miller, according to “Interfax”.

“Taking into account the decisions that we have taken in the north (an agreement on the construction of the third and fourth strings of “Nord Stream” was signed in the beginning of September - a comment by “”), this is a realistic negotiating position; we will work on it in the near future” – Miller stated.

The top-manager added that the state-owned company attached great importance to the diversification of transport routes as a part of the strategy of delivery of natural gas through the southern route. In mid-September “Gazprom” reported about the postponement of terms of the launch of the “Turkish Stream” from December 2016 to a later date due to the political crisis in Turkey.

In early October the Russian Energy Minister Aleksandr Novak noted that the signing of an intergovernmental agreement on the construction of the pipeline might be postponed until January. “The agreement is postponed due to parliamentary elections in Turkey to be held in November, after which a new government will be established in the country” - he explained.


Author: Anna Dorozhkina

Tags: Turkish Stream Gazprom    

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