Gazprom starts construction of Turkish gas pipelineStaff Writer | May 8, 2017
With construction of a pipeline through Turkey under way, regional customers can expect a more reliable natural gas option in two years, Russia's Gazprom said.
Energy Russia and Turkey signed a series of agreements
"We started the practical implementation of the TurkStream gas pipeline project: pipe-laying within the offshore section," Gazprom Chairman Alexei Miller said in a statement. "By late 2019, our Turkish and European consumers will have a new, reliable source of Russian gas imports."
The pipeline's route would mirror the now-abandoned South Stream project and run under the Black Sea to Turkey and then to the European market. South Stream was scrapped because of concerns about Russian business practices expressed by some European countries.
The start of the project's construction follows a state visit to Moscow by Turkish President Tayyip Erdogan. Turkey aims to capitalize on its geographic position by becoming an energy bridge between Central Asian and Middle East suppliers and the European market.
In March, Russia and Turkey signed a series of trade and economic agreements aimed at broadening the bilateral level of cooperation. ■