Gazprom sees Turkish Stream’s highest capacity at 32 bcm annually - 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

Gazprom sees Turkish Stream’s highest capacity at 32 bcm annually

ST. PETERSBURG, Oct 6 (PRIME) -- It is realistic to build no more than two lines of the Turkish Stream gas pipeline running across the Black Sea to Turkey with a total capacity of up to 32 billion cubic meters of gas annually, compared with earlier planned four lines, Alexei Miller, CEO of Russian gas giant Gazprom told reporters on Tuesday.

“We estimate the capacity of Turkish Stream realistically. We expect construction of gas facilities running on the bottom of the Black Sea with capacity of up to 32 billion cubic meters of gas,” Miller said, adding that no more than two lines of the pipeline will be constructed.

Russia and Turkey have not signed an intergovernmental agreement on construction of Turkish Stream yet. Initially the project foresaw construction of four lines with a total capacity of 63 billion cubic meters, but later media reported that the countries are likely to agree on construction of the first line primarily, which is designed to carry 15.75 billion cubic meters of Russian gas annually to the Turkish market.

End

06.10.2015 17:07
 
 
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