The pipeline will compete with the Russian-built TurkStream pipeline for the supply of gas to Turkey, as well to southern Europe in the near future.
Russia’s Gazprom has signed a protocol with the Turkish government regarding the TurkStream gas pipeline.
Over 930 km of pipeline has been laid on the seabed of the Black Sea, 50% of the total offshore section.
Turkey has yet to issue a permit for Russia’s Gazprom to start building the land-based part of the TurkStream gas pipeline.
Gazprom has received a construction permit for the second string of the TurkStream natural gas pipeline.
South Stream Transport BV has announced the commencement of the construction of TurkStream Offshore Gas Pipeline’s receiving terminal.