Turkish Stream to become important factor of energy security in Europe, says Putin

ISTANBUL, November 19. /TASS/. The commissioning of the Turkish Stream will trigger economic growth of the whole Black Sea region and become an important factor of the EU energy security, Russian President Vladimir Putin said at the ceremony of construction completion for the offshore segment of the gas pipeline on Monday. "The commissioning of the Turkish Stream will obviously allow our countries to expand gas cooperation, be essential for economic development of Turkey and the whole Black Sea region, as well as become an important factor of ensuring the European energy security," he said. The Turkish Stream project envisages the construction of a gas pipeline across the Black Sea to the European part of Turkey and farther to the border with Greece. The seabed section is to be about 910 kilometers long and the land section will run 180 km into Turkey. Gas deliveries via the first stretch of the gas pipeline are designed to meet the requirements of the growing Turkish market, while the second stretch is planned to deliver gas to the countries of Southern and South-Eastern Europe. Each thread will have a capacity of 15.75 bln cubic meters of gas a year. The project is estimated at a total of 11.4 bln euro. Read more