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Gazprom Signed An Agreement With Hungarian Authorities
July 7, 2017 16:48


The Russian holding company Gazprom and the Hungarian authorities signed an agreement on gas supplies via the Turkish Stream. This was reported on Wednesday, July 5, by RIA Novosti with reference to the statement of the Minister of Foreign Affairs and Relations of Hungary, Peter Siyarto.

According to the Minister, Budapest suggests the gas deliveries on the "Turkish Stream" as the most optimal option, while other possible ways - through Romania or Croatia - have not been worked out. "For this reason, Hungary has an interest in receiving the gas from the south," Peter Siyarto said. It is reported that the continuation of the "Turkish Stream" to Hungary will be built by the end of 2019.

In early May 2017, Gazprom announced the start of construction of the offshore section of the Turkish Stream. The power of the two strings of the gas pipeline should amount to 15.75 billion cubic meters. Construction is scheduled to be completed by the end of 2019.


Author: Anna Dorozhkina



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