Gazprom: Europe needs Turkish Stream pipeline
Published by Elizabeth Corner,
Senior Editor
World Pipelines,
Gazprom said on Tuesday that Europe will need to accede not only to the contested Turkish Stream pipeline but other gas distribution schemes too if it wants to avoid a major energy deficit in the near future.
"We will proceed from the assumption that good sense will prevail in Europe, and that we will talk not only about the distribution of gas through the Turkish pipeline … but that we will soon talk about additional volumes too," said Alexander Medvedev, Deputy Chairman of the board of Gazprom.
Without help, the EU will likely see a 50 billion cubic meter deficit of imported gas in 2025, he added.
Medvedev's statement was the latest in a battle of words between Gazprom and the EU over the future of the Turkish Stream project, the proposed pipeline designed to transport gas from Russia into Europe through Greece and Turkey.
Gazprom has been adamant that the EU has no choice but to back the pipeline, while the EU has expressed continued skepticism about the project, which could violate EU energy laws that bar companies from controlling all parts of a gas supply chain.
Speaking at the 2nd Russian Energy Forum this week, Boris Abramov, Russia's trade representative said that the Turkish Stream gas pipeline will help increase Europe's energy security.
Edited from various sources by Elizabeth Corner
Sources: The Moscow Times, World Bulletin
Read the article online at: https://www.worldpipelines.com/project-news/11062015/gazprom-europe-needs-turkish-stream-pipeline/
You might also like
The World Pipelines Podcast
Juan Caballero, Chair of the AMPP Board of Directors, talks about AMPP’s global efforts to prevent corrosion and to protect assets, offering insight into how the association listens to its members and serves the pipeline industry.
Listen for free today at www.worldpipelines.com/podcasts or subscribe and review on your favourite podcast app.
Qapqa have signed a contract for the supply of automatic welding equipment and services
Qapqa have signed a contract for the supply of automatic welding equipment and services with A-HAK Pijpleidingen Saudi for ARAMCO’s Master Gas System-3 Project.
