Gazprom, Botas in Talks on Turkish Stream Gas Pipeline – Taner Yildiz

Energy | January 8, 2015, Thursday // 11:52|  views

A handout picture provided by Turkish Presidential Press Office shows Russian President Vladimir Putin (L) and his Turkish counterpart Recep Tayyip Erdogan (R) attend a press conference in the new presidential palace in Ankara, Turkey, 01 December 2014. P

Turkey and Russia are in talks on the construction of the Turkish Stream gas pipeline meant to replace the scrapped South Stream gas pipeline project.

Turkish Energy Minister Taner Yildiz made clear in an interview for the Sabah newspaper that talks between economic entities were underway in order to specify the route of the gas pipeline and the Black Sea section in particular, as well as the location of the gas hub.

Yildiz, as cited by the Trend News Agency, underscored that it was necessary to analyze all technical and economic parameters first, adding that Gazprom and Botas were involved in the process.

Turkey’s Energy Minister drew attention to the fact that the Turkish Pipeline project was not a rival to the Trans-Anatolian gas pipeline (TANAP) project.

On December 1, 2014, President Vladimir Putin announced during a visit to Ankara that Russia was pulling out of the South Stream gas pipeline project, which had been designed to run through Bulgaria, and had opted for a conduit running through Turkey instead.

The Turkish Pipeline is to have the same capacity as the South Stream gas pipeline, 63 billion cubic meters a year, according to reports of the Trend News Agency.

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Tags: South stream, South Stream gas pipeline project, Taner Yildiz, Botas, Gazprom, gas hub, Vladimir Putin, TANAP, Trans-anatolian gas pipeline


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