Gazprom, Turkey agree on Turkish Stream gas deliveries from December 2016

May 07, 2015 12:00 AM

Gazprom’s department of information said that company has agreed with Turkey on the deliveries of gas through the Turkish Stream pipeline.

Russia’s gas giant Gazprom has agreed with Turkey on the deliveries of gas through the Turkish Stream pipeline being constructed to begin in December 2016, Gazprom’s department of information said Thursday.

“Today, there were very constructive and important negotiations. An agreement has been made on the beginning of exploitation and deliveries of [Russian] gas along the Turkish Stream in December 2016,” the company cited its CEO, Alexei Miller, as saying.

Miller met earlier in the day with Turkish Energy and Natural Resources Minister Taner Yıldız.

In December 2014, Miller announced that a new pipeline to Turkey with an annual capacity of 63 billion cubic meters of gas will be constructed.

The new pipeline will travel through Turkey to a gas hub on the Turkish-Greek border for further distribution to European customers.

The decision to build the Turkish Stream pipeline was made after Russia scrapped the South Stream gas pipeline project in light of the European Commission's "non-constructive" stance on the matter.

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