New limits on microloans to kill off most micro lenders in Russia, say expertsBusiness & Economy July 25, 3:45
Lavrov says astonished to watch mass hysteria among US politiciansRussian Politics & Diplomacy July 25, 1:35
Lavrov comments on Syrian de-escalation zone agreementRussian Politics & Diplomacy July 24, 20:15
Iraq calls for closer cooperation with RussiaWorld July 24, 19:09
Russia develops laser-guided automatic landing system for dronesMilitary & Defense July 24, 18:22
Communist propaganda ban not aiming to dismantle Soviet WWII memorials, vows Polish envoyWorld July 24, 18:16
Situation with Siemens won’t affect Russian companies — energy ministerBusiness & Economy July 24, 18:11
Russian energy minister says oil prices may grow in 2017Business & Economy July 24, 17:31
Putin fills in Normandy Four on Russia’s approaches to key Minsk accord provisionsRussian Politics & Diplomacy July 24, 16:57
MOSCOW, June 22. /TASS/. Turkey has granted permission to conduct an engineering survey on the off-shore part of Turkish Stream pipeline, Russia’s gas giant Gazprom said in a statement on Monday.
The document envisages engineering survey on the first line of the pipeline in the exclusive economic zone and also in territorial waters of Turkey.
The off-shore stretch of the Turkish pipeline will consist of four lines each with the capacity of 15.75 bln cubic meters.
It is planned that gas supplies via the first line will be fully used to meet the needs of the growing Turkish market.
Turkey also confirmed that the results of the environmental survey conducted for the construction of the South Stream can be used for the construction of the new pipeline.
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 (660 km) will run across the Black Sea and coincide with the South Stream route approved earlier. Another 250 km will go along the new route towards the European part of Turkey.
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.
In early May, Gazprom instructed to begin the Turkish Stream construction. The contractor had been waiting for it since December 1, 2014, when Russian President Vladimir Putin said Russia abandoned the South Stream project implementation and was embarking on the Turkish stream instead.
Earlier, Gazprom CEO Alexei Miller said the Turkish Stream pipeline is scheduled to begin operation in December 2016.