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Will the russian Turkish stream be launched, or an apology to Erdogan is not enough?

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News // Transportation and storage

Greek PM plans to discuss extension of Turkish Stream with Russian president

22 November 2018 , 16:05Neftegaz.RU505

Athens, November 22 - Neftegaz.RU. Greek Prime Minister Alexis Tsipras plans to negotiate the issue of extending the TurkStream gas pipeline to Greek territory with Russian President Vladimir Putin and PM Dmitry Medvedev during his visit to Moscow on December 7, a source in Athens familiar with the course of preparations for the visit said.


«Greece is interested in TurkStream, it became clear during recent discussions and from official speeches. For example, the issue was discussed at the meeting between Deputy PM Yannis Dragasakis and Russia's Ambassador to Athens, Andrey Maslov, in early November, and Alexis Tsipras spoke about the pipeline at the summit in Thessaloniki on Nov. 15,» the source said.


The source added that the Greek authorities are interested in strategic investments from Russia. «Although Russian investments in Greece are already significant in the areas of non-strategic interests, such as tourism and real estate, in connection with the visit, strategic investment may be discussed,» Sputnik cited the source as saying.


A landmark project of Turkish-Russian energy cooperation, the TurkStream gas pipeline will start delivering gas to the Turkish market by the end of 2019 with the pipe-laying works of the project's sea section complete.


On the occasion of completing the sea part of the project, a ceremony in Istanbul was held with the participation of President Recep Tayyip Erdoğan and Russian President Putin.


The project consists of 2 pipelines, with each having an annual gas delivery capacity of 15.75 billion m3. While the 1st line will transfer Russian gas to the Turkish market, the 2nd line is aimed at carrying gas to European countries.


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