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Turkish Stream still relevant despite Russia-Turkey tensions — Greek energy minister

December 02, 2015, 16:37 UTC+3
Russia’s Energy Minister Alexander Novak confirmed Greece and Russia are discussing potential improvement of terms for supplies of Russian gas
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©  ITAR-TASS/Ruslan Shamukov

MOSCOW, December 2. /TASS/. Growing tensions between the Russian Federation and Turkey is an obstacle to the Turkish Stream project though it is still relevant, Greek Minister of Environment and Energy Panos Skourletis told TASS after meeting Russia’s Energy Minister Alexander Novak on Wednesday.

"The strategic meaning of the project is still relevant. Of course, the recent events between Russia and Turkey are a real obstacle," he said, adding that the main idea of this huge project should be kept and it should be seen how to approach it given current challenges between Russia and Turkey. "I think the Russian and Greek sides have a common approach here," he said.

The minister added that he had discussed prospects of cooperation with Russia within the Turkish Stream natural gas pipeline project during a meeting with his Russian counterpart.

"Of course they [prospects of cooperation within the project - TASS] were discussed, same as issues of cooperation between the two countries above this project," Skourletis said, adding that "open cooperation" that exists is positive for both sides.

Russia’s Energy Minister Alexander Novak confirmed Greece and Russia are discussing potential improvement of terms for supplies of Russian gas.

The minister added that alongside the Turkish Stream gas pipeline and other issues related to cooperation, the sides discussed "cooperation concerning volumes of natural gas that the Greek side purchases."

"We have particular contracts till 2026. What we’re discussing is improvement of terms and prices," he said.

Infographics Russia's gas pipelines to Europe by 2018 Russia's gas pipelines to Europe by 2018

Russia's gas giant Gazprom intends to completely abandon gas supplies to Europe through Ukraine after 2018 with the help of a new pipeline to Turkey. Infographics by TASS

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