Monday, December 01, 2014

Gazprom to build new 63 bcm Black Sea pipeline to Turkey

Gazprom CEO Aleksey Miller said the energy giant will build a massive gas pipeline that will travel from Russia, transit through Turkey, and stop at the Greek border – giving Russia access to the Southern European market.

The pipeline will have an annual capacity of 63 billion cubic meters. A total of 14 bcm will be delivered to Turkey, which is Gazprom’s second biggest customer in the region after Germany, with the rest to be sold downstream.

The new project will include a special hub on the Turkish-Greek border for customers in southern Europe .... http://rt.com