All news

Russia negotiates with European nations the onshore segment of Turkish Stream pipeline

The onshore segment of Turkish Stream will pass over Greece, Macedonia, Serbia, and Hungary to Austria

MOSCOW, April 14. /TASS/. Russia is holding negotiations with five European nations where the onshore infrastructure for the Turkish Stream gas pipeline can be built, Minister of Energy Alexander Novak said on Tuesday.

However, this issue is largely related to the European Commission, the minister said.

The onshore segment of Turkish Stream will pass over Greece, Macedonia, Serbia, and Hungary to Austria.

"The gas pipeline system will partly coincide with the South Stream route," Novak said, and therefore certain progress has already been reached.

The European Union will identify economic parameters of the said infrastructure," the minister added.

On December 1, 2014, Gazprom and Turkey’s Botas signed a memorandum of understanding on constructing an offshore gas pipeline across the Black Sea towards Turkey.

The pipeline capacity will be 63 bln cubic meters. Of this volume about 50 bln cubic meters will be delivered to the new gas hub on the Greek-Turkish border.

Gazprom’s subsidiary Gazprom Russkaya is in charge for the pipeline’s construction.

The Turkish Stream pipeline will become an alternative to the South Stream project Russia abandoned last year. The Turkish Stream pipeline offshore route will largely be the same as in the abandoned South Stream project.