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Turkish Stream project may resume only after EC confirms its priority in writing — Gazprom

June 30, 2016, 18:42 UTC+3

The agreement to build the Turkish Stream gas pipeline was reached in December 2014

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MOSCOW, June 30. /TASS/. Turkish Stream project may recommence only in case the European Commission confirms its priority in writing, Chief Executive Officer of Gazprom Alexey Miller said on Thursday.

"Restart of the project is possible only in one case and our President Vladimir Putin told about it. It is meant the European Commission shall declare the priority in respect of this project in writing," Miller said.

The agreement to build the Turkish Stream gas pipeline was reached in December 2014. It was planned initially to build the gas pipeline of four lines having the annual capacity of 63 bln cubic meters of natural gas.

The official has also commented on the prospects of the Poseidon gas pipeline project. According to Miller, the European Union, Turkey, Bulgaria and Eni did not show interest in the Poseidon project providing for gas supplies to Greece.

"Neither the European Commission, nor Turkey nor Bulgaria showed any interest by now in the work we are carrying with our Greek counterparts. Eni did not demonstrate interest in this project," Miller said.

The project is at the feasibility analysis stage, "including possible landfalls, volumes and time of deliveries," he said. "End of 2016 is the deadline of this work for the memorandum signatories," Miller added.

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