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Gazprom eyes prospects of power generation for Turkish Stream

2 September 2016 11:36 (UTC+04:00)
Gazprom eyes prospects of power generation for Turkish Stream

By Nigar Abbasova

Russia’s energy giant Gazprom is currently considering the prospects of power generation within the framework of the Turkish Stream gas pipeline project, which is planned to bring Russian gas via the Black Sea into Turkey and southern Europe.

Gazprom head Alexey Miller made the remark while talking to reporters on the sidelines of the Eastern Economic Forum, Ria Novosti reported.

“This is the analysis in terms of consumption pattern,” Miller said, highlighting the issue of possible projects in the sphere of power industry.

He also said that development of a “road map” on the project is expected to be completed by October 2016, while signing of intergovernmental agreement may take place within several months after its creation.

He mentioned that Gazprom expects to get the necessary permission from Ankara for the implementation of the Turkish Stream gas project in the nearest future.

"Gazprom will get a confirmation that all the permissions issued earlier for the South Stream in Turkey will be effective for the Turkish Stream," Miller said.

Head of Gazprom’s Directorate of International Gas Infrastructure Projects, Dmitry Khandoga earlier said that the company has recently intensified work on preparations to implement the Turkish Stream project.

Turkish Stream was halted in late 2015 due to sharp deterioration of relations between Moscow and Ankara, when Turkey shot down a Russian Su-24 bomber with two pilots on board. Implementation of the project became topical following mending of ties between the two countries.

The Turkish Stream project was announced by President Putin in December 2014 during a visit to Turkey.

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Nigar Abbasova is AzerNews’ staff journalist, follow her on Twitter: @nigyar_abbasova

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