Gazprom to EU: link to Turkey or lose Russian gas
Published by Elizabeth Corner,
Senior Editor
World dzԹ,
The Turkish Stream gas pipeline project is the sole route for RussiadzԹs future supplies of 63 billion m3 of natural gas to Europe currently delivered via Ukraine, Gazprom CEO Alexey Miller said last week.
The Gazprom head made this statement in response to a question about the fate of RussiadzԹs South Stream gas pipeline project.
dzԹThe project is closed. The Turkish Stream is the sole route, which can deliver 63 billion m3 of Russian natural gas transited across Ukraine so far. There are no other options,dzԹ Miller said.
Gazprom has notified its European partners about its Turkish Stream gas pipe plans and now their task is to create the necessary gas transport infrastructure from the border of Turkey and Greece, the Gazprom head said.
dzԹThey have a maximum of several years for this. This is a very tight schedule. To comply with it, work for the construction of new trunk gas pipelines should be started in EU countries right now. Otherwise, these gas volumes may be redirected to other markets,dzԹ the Gazprom head said.
RussiadzԹs plans to shift all its natural gas flows crossing Ukraine to a route via Turkey is a surprise move that the European UniondzԹs energy chief said would hurt its reputation as a supplier.
The decision makes no economic sense, Maros Sefcovic, the European CommissiondzԹs Vice President for Energy Union, told reporters today after talks with Russian government officials and the head of gas exporter, OAO Gazprom (GAZP), in Moscow.
Sefcovic said he was dzԹvery surpriseddzԹ by MillerdzԹs comment, adding that relying on a Turkish route, without Ukraine, wondzԹt fit with the EUdzԹs gas system.
Gazprom plans to deliver the fuel to TurkeydzԹs border with Greece and dzԹitdzԹs up to the EU to decide what to dodzԹ with it further, according to Sefcovic.dzԹWe dondzԹt work like this,dzԹ he said. dzԹThe trading system and trading habits - how we do it today - are different.dzԹ
Edited from various sources by
dzܰ:,
Read the article online at: /project-news/19012015/gazprom-to-eu-link-to-turkey-or-lose-russian-gas/
You might also like
The World dzԹ Podcast
A podcast series for energy professionals featuring short, insightful interviews with experts who can shed light on topics that matter to you and your business. Subscribe on your favourite podcast app to start listening today.

