ST. PETERSBURG, June 18. / TASS / Gazprom CEO Alexey Miller and First Deputy Prime Minister of Serbia Ivica Dacic discussed deliveries of Russian gas to Serbia through the Turkish stream at the St. Petersburg International Economic Forum on Thursday, the company said in a statement.
The two sides discussed the export of Russian gas to Serbia. The parties discussed the supply routes after 2019, when the contract expires on the transit of gas through Ukraine. In particular, the negotiators discussed the supply of gas to Serbia through the Turkish Stream pipeline, the report says.
In 2014, Gazprom provided Serbia with 1.5 billion cubic meters of gas.
In 2013, the two countries signed a long-term contract for the supply of Russian gas to Serbia in the amount of up to 1.5 billion cubic meters of gas annually for 10 years.
The Turkish Stream will serve as an alternative to the South Stream gas pipeline project abandoned by Russia in December 2014. The larger part of the Turkish Stream pipeline will run across the Black Sea and coincide with the South Stream route approved earlier.
Unlike the South Stream, which implied a large-scale infrastructure construction in Europe, the Turkish Stream project is limited to the construction of a pipeline under the Black Sea and a gas hub on the border between Turkey and Greece. The remaining part of infrastructure will have to be built by Gazprom’s European customers themselves.
Earlier, Gazprom CEO Alexey Miller said that the construction of the first stretch of the Turkish Stream would start in late June. The pipeline is scheduled to begin operation in December 2016, he said.
The Turkish Stream will have an annual capacity of 63 billion cubic meters, of which 47 billion cubic meters will be delivered to a new gas hub on the Turkish-Greek border. Gazprom Russkaya Company will be in charge of the Turkish Stream gas pipeline construction.