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OMV welcomes possible implementation of Turkish Stream 2 project, says CEO

March 11, 12:25 UTC+3 MOSCOW

The Turkish Stream project envisages the construction of a gas pipeline across the Black Sea to the European part of Turkey and farther to the border with Greece

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Chief Executive Officer of Austrian oil and gas company OMV AG, Rainer Seele

Chief Executive Officer of Austrian oil and gas company OMV AG, Rainer Seele

© EPA/CHRISTIAN BRUNA

MOSCOW, March 11. /TASS/. OMV welcomes the possible implementation of the Turkish Stream 2 project, Chief Executive Officer of the Austrian oil and gas company Rainer Seele told reporters in Moscow.

"I am interested in any pipeline running to Austria. And any pipeline running to Austria is a good pipeline," he said when asked about the interest in the project in case of its implementation.

Gazprom CEO Alexei Miller told TASS earlier that he did not rule out that the Turkish Stream 2 natural gas pipeline project would be implemented in case of demand and required agreements in place.

The Turkish Stream project envisages the construction of a gas pipeline across the Black Sea to the European part of Turkey and farther to the border with Greece. Gas deliveries via the first stretch of the gas pipeline are designed to meet the requirements of the growing Turkish market, while the second stretch is planned to deliver gas to the countries of Southern and South-Eastern Europe. Gazprom views Greece, Italy, Bulgaria, Serbia and Hungary as potential markets. Each line will have a capacity of 15.75 bln cubic meters of gas per year. First supplies are planned for the end of 2019.

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