Acasă » Uncategorized » Gazprom’s gas exports to Turkish Stream countries increased

Gazprom’s gas exports to Turkish Stream countries increased

4 December 2017
Uncategorized
energynomics

Russia’s energy giant Gazprom increased the supply of gas to Turkey by 20.4 percent in January-November 2017 compared to the same period in 2016, according to the company’s message.

“In January-November 2017, Gazprom increased gas supplies to the countries targeted for the Turkish Stream project, in particular, to Turkey – by 20.4 percent (or 4.48 billion cubic meters) compared to eleven months of 2016 , to Greece – by 11.6 percent, to Bulgaria – by 6.8 percent, to Hungary – by 22.3 percent, as well as to Serbia – by 26.1 percent,” the company said.

Gazprom’s gas exports to the far abroad in January-November amounted to 175 billion cubic meters and increased by 8.3 percent compared to the same period last year, according to Azernews.

In late November, Gazprom CEO Alexei Miller said that in 2017 the company expects an absolute record for gas exports to non-CIS countries – 192 billion cubic meters.

In 2016, Gazprom increased gas supplies to the far abroad by 12.5 percent – more than 179.3 billion cubic meters, which became the historical maximum.

With a length of 900 kilometers, the Turkish Stream gas pipeline will link Anapa to the Thrace region on the Turkish Black Sea coast. One of the two lines of the gas pipeline is intended to supply the Turkish market with Russian natural gas and the second one to transport natural gas to the countries of southern and south-eastern Europe. Each of the two pipes of the Turkish Stream gas pipeline would have a capacity of 15.75 billion cubic meters per year.

Gazprom officials estimate that the investments needed to build the two lines of the Turkish Stream gas pipeline will amount to six billion dollars.

Leave a Reply

Your email address will not be published. Required fields are marked *