TURKEY STREAM IN EXECUTION
The project to construct a new gas pipeline with a capacity of 63 billion cubic meters from Russia to Turkey has entered the execution stage, Russian energy giant Gazprom has said by a written statement on late Feb. 24.
"The gas transmission route will be laid via the Black Sea and will annually supply up to 47 billion cubic meters of gas to the Turkish-Greece border. The gas pipeline will represent an alternative export route, which, in combination with the highly-reliable Nord Stream, Blue Stream and Yamal-Europe gas pipelines, will secure the entirety of Russian gas exports beyond the CIS and make it possible to abandon the transit corridor via Ukraine," the company said.
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