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382705
Tue, 10/06/2015 - 16:07
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Real capacity of "Turkish Stream" could reach 32 bln cubic meters per year - Gazprom Head Miller

ST. PETERSBURG, October 6. /TASS/. The real capacity of the "Turkish Stream" could reach 32 bln cubic meters per year, Gazprom Head Alexey Miller said Tuesday. "Turkish stream implies direct non-transit deliveries from Russia to Turkey. We can say that the capacity will be up to 32 bln cubic meters," Miller said. The Turkish Stream will serve as an alternative to the South Stream gas pipeline project abandoned by Russia in December 2014. The larger part of the Turkish Stream pipeline will run across the Black Sea and coincide with the South Stream route approved earlier. As TASS reported earlier, according to Russia’s Energy Minister Alexander Novak, Russia expects to sign intergovernmental agreement with Turkey on the Turkish Stream natural gas pipeline on 2 lines. The two countries are working at the details of the intergovernmental agreement on the Turkish Stream project. "Both sides have received documents related to the intergovernmental agreement. Currently, we’re working at particular details. When the technical part is finalized the project will be clarified. We’re waiting for elections to be held in Turkey [early parliamentary elections are scheduled for November 1 - TASS] and new government to be formed. After that we’ll discuss some certain aspects of the agreement," he said, adding that Russia "takes the Turkish Stream as seriously as Turkey does." Novak also said that currently "the issue is about 2 lines of the pipeline," which require construction licenses. "Their total capacity will reach 31.5 bln cubic meters of gas per year. The first stage is 15.75 bln cubic meters line aimed solely for Turkey, while the second stage and the remaining volumes are planned for Europe’s south-east," he said. Read more

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