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Turkish hub may solve Nord Stream problems – Gazprom 

The gas giant’s CEO says all Nord Stream gas volumes could be redirected via Türkiye

Gazprom CEO Alexey Miller said on Sunday that it would be possible to redirect all of the gas supplies halted due to the sabotage of the Nord Stream pipelines through a Turkish hub. 

“We are talking about all those volumes that we lost due to acts of international terrorism at the Nord Stream pipelines, so it can be significant volumes,” Miller said in an interview with Russia 1 TV, commenting on the prospects of creating a major energy hub in Türkiye.

Miller highlighted that the company’s experience in preparing the South Stream pipeline project could be valuable. The project, which would have brought an estimated 63 billion cubic meters of Russian gas annually through the Black Sea to Bulgaria and onward to other countries in Europe, ended up being canceled and replaced by TurkStream.


“Thus, even if we talk about the technical documentation for the route, everything has been done for South Stream back then,” the CEO said.

READ MORE: Putin offers Türkiye deal on EU gas supplies

Last week, Russian President Vladimir Putin proposed building a major gas hub in Türkiye to handle supplies previously directed through the Nord Stream pipelines. Turkish President Recep Tayyip Erdogan backed the idea, adding that both leaders had ordered their respective governments to present construction plans as soon as possible.

For more stories on economy & finance visit RT’s business section


https://ift.tt/JWnXoSc 17, 2022 at 12:39PM
from RT – Daily news

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