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Turkish Stream discussions

World Pipelines,


A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Panagiotis Lafazanis, Minister of Productive Reconstruction, Environment and Energy of the Republic of Greece took place within the St. Petersburg International Economic Forum 2015.

The parties addressed the construction of capacities in Greece for supplying European markets with Russian pipeline gas from the Turkish Stream gas pipeline. In particular, an emphasis was put on the preparation of a pertinent inter-governmental memorandum.

Background

On 1 December, 2014 Gazprom and Turkish Botas signed the Memorandum of Understanding for the construction of the Turkish Stream gas pipeline from Russia towards Turkey across the Black Sea. The gas pipeline will have an annual capacity of 63 billion m3 of gas.

Adapted from press release by Hannah Priestley-Eaton

Read the article online at: https://www.worldpipelines.com/business-news/19062015/turkish-stream-discussions/

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