Russian members of VE Day motorbike rally not allowed into PolandWorld May 01, 1:55
Rally in Dutch capital pays tribute to Odessa fire victimsWorld May 01, 1:52
Russian traveler reaches South Africa by motorbikeSociety & Culture May 01, 0:49
Ukraine blows money by building dam to cut Crimea off water — Russian lawmakerRussian Politics & Diplomacy May 01, 0:41
Some 150,000 motorsport fans attend F1 racing weekend in Russia’s SochiSport May 01, 0:39
Putin, French ski legend Jean-Claude Killy join ice hockey training session in SochiSport April 30, 21:09
Putin awards Valtteri Bottas with Russian F1 GP TrophySport April 30, 18:02
FIA Formula One 2017 Russian Grand Prix boosts off in SochiSport April 30, 15:23
Merkel to pay first visit to Russia in two years for talks with PutinWorld April 30, 14:40
MOSCOW, April 29. /TASS/. The last stretch of a gas pipeline intended to pump Russian natural gas to Europe via Turkey will be built by 2020, Gazprom Deputy CEO Alexander Medvedev said at a conference call on Wednesday.
"The work is proceeding according to schedule both with regard to the sea-based and overland sections and an intergovernmental agreement is being prepared between Russia and Turkey on this project along with a plan of survey works for the offshore and Turkish segments," the Gazprom official said.
"The construction term is very simple: by 2020, the volumes intended for the Turkish Stream will be transited via the pipeline," he said.
These volumes will include 14 billion cubic meters of natural gas for Turkey and 50 billion cubic meters for Europe, the Gazprom official said.
"The year 2020 is the term for the last fourth stretch," he said.
Moscow sees the Turkish Stream gas pipeline as an alternative to the South Stream project, which it abandoned in December over what it said was the EU’s unconstructive approach in energy cooperation.
Gazprom and Turkey’s Botas Petroleum Pipeline Corporation signed a memorandum of understanding on December 1, 2014, envisaging the construction of a gas pipeline across the Black Sea to Turkey.
The Turkish Stream gas pipeline will have a capacity of 63 billion cubic meters, of which 50 billion cubic meters will be supplied to a new gas hub on the Turkish-Greek border.
South Stream was Gazprom's global infrastructure project designed to build a gas pipeline with a capacity of 63 billion cubic meters across the Black Sea to Southern and Central Europe in order to diversify natural gas export routes and eliminate transit risks.
The Turkish Stream gas pipeline will run 660 km (410 miles) along the old corridor of the South Stream project abandoned by Russia and 250 km (155 miles) in the new corridor towards Turkey’s European part.