Turkey has not yet issued a permit for the construction of the overland part of the TurkStream gas pipeline, according to three sources familiar with the matter (who spoke to Reuters). This has stoked fears that the strategically important project will be delayed.
To read the full article
"Turkey yet to sign permit for TurkStream gas pipeline"
Please sign in or become a member for FREE
If completed, the €7 billion (£6.18 billion pounds) pipeline project would mean Russia reduces its reliance on Ukraine as a transit route for its gas supplies to Europe.
Ankara has authorised Gazprom to start building two subsea sections of the project, but it still has not given Gazprom approval for the land-based segment to ship Russian gas onward to southern Europe, the sources told Reuters. “There is no permission from Turkey, which hampers talks about building the second line to Europe,” one of the sources familiar with the talks said.
TurkStream is designed to deliver more supplies to Turkey, the biggest buyer of Russian gas after Germany. More significantly for Moscow, it is also designed to extend across Turkey to the borders of southern Europe, thus opening up a new transit route for Russian gas.
Read the article online at: https://www.worldpipelines.com/project-news/22022018/turkey-yet-to-sign-permit-for-turkstream-gas-pipeline/