Contents tagged with TurkStream

  • Turkey turns away from Russian gas

    The 7-billion-euro Turkish Stream pipeline appears to be going to share the sad fate of Nord Stream 2.

    Amid the economic crisis and cooling relations with Moscow, which lead to confrontation of the Turkish and Russian military in Syria and mercenaries of the Wagner Private Military Company in Libya, Turkey is sharply reducing the purchases of Russian gas.

    At the end of March, Gazprom's supplies to Turkish state-owned Botas and independent Turkish operators collapsed sevenfold, to 210 million …

  • Turkey losing interest in Russian gas

    While Gazprom was completing the $7 billion Turkish Stream gas pipeline, Turkey was cutting back on its purchases of Russian gas.

    By the end of 2019, 14.4-14.8 billion cubic meters (bcm) of Russian gas had been transported to the Turkish market, Interfax calculates, based on statistics from the Turkish Energy Market Regulatory Authority (EPDK).

    In comparison with 2018, this equates to a decline of approximately 40%. As a result, for the first time in 13 years Turkey is no longer one of the …

  • Finland and Estonia launch Balticconnector gas pipeline

    On December 11, ceremonies to mark the commissioning of the Estonian-Finnish gas pipeline Balticconnector were held simultaneously in Paldiski (Estonia) and Helsinki (Helsinki), reports Delfi news outlet.

    The gas pipeline was launched by the Estonian President Kersti Kaljulaid and Finnish President Sauli Niinistö.

    The length of the underwater part of the Balticconnector gas pipeline from Paldiski to Inkoo municipality in Finland is 77 km. The land part covers 55 km in Estonia and 21 km in …

  • Putin accuses Bulgaria of sabotaging Turkish Stream project

    Bulgaria is deliberately delaying the extension of the Turkish Stream pipeline through its territory, said Russian President Vladimir Putin at a joint press conference with Serbian President Aleksandar Vucic on Wednesday.

    “Despite the numerous assurances and requests to the Russian side to supply our gas through Turkey to Bulgaria, we are seeing that the Bulgarian side, as sad and strange as it sounds, is deliberately prolonging the implementation of the project in its territory. I want to …

  • Russia to launch TurkStream gas pipeline on January 8

    The opening ceremony of the TurkStream gas pipeline, which Russia built to eliminate dependence on the Ukrainian gas transportation system (GTS), is scheduled for January 8, 2020.

    Turkish President Recep Tayyip Erdoğan announced the opening date of the TiurkStream during the opening of the the Turkish-Azerbaijani TANAP gas pipeline.

    The capacity of each of the two lines of the TurkStream will be 15.75 billion cubic meters. One line will be used for gas supplies to Turkish consumers. The …