Executive says Gazprom sure of TurkStreams launch in 2019 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Executive says Gazprom sure of TurkStreams launch in 2019

MOSCOW, Apr 29 (PRIME) -- Russian gas giant Gazprom is sure that it will launch the TurkStream natural gas pipeline until the end of 2019, Dmitry Khandoga, deputy head of the companys external economic affairs department, said in a conference call on Monday.

Regarding the TurkStream, we are sure that the project will be launched until the end of this yearPipelining at the sea bottom has been finished, we are now finishing works on the receiving terminal, that is what regards the sea part. Gazprom is now conducting works on construction of an onshore transit thread together with Botas, he said.

The progress is tangible, and works on welding and pipe construction have already started in Turkey, that is why we do not doubt that the project will start working until the end of this year.

Further development of gas transportation capacities of Europe outside Turkey are outside of Gazproms competence and should be done by national operators in each country, he said.

The TurkStream pipeline was designed to consist of two branches with a length of over 900 kilometers and a capacity of 15.75 billion cubic meters each. One of them, finished in May 2018, is to carry Russian gas to Turkey, while the other is to transit gas to the European countries through Turkey and is to be finished in 2019.

End

29.04.2019 19:40
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 80.2689 -0.1445 11 jul
USD 71.2298 +0.3498 11 jul
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1245.65 +0.91 18:50 10 jul
micex 2800.94 +0.67 18:50 10 jul
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 200.70 +0.63 23:14 11 jul
lkoh 5094.00 +0.14 23:14 11 jul
rosn 364.20 -0.01 23:13 11 jul
sber 212.40 +1.57 23:14 11 jul
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 80.1125 -0.1575 14:59 10 jul
USDTD 70.6675 -0.2200 17:44 10 jul