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Gazprom receives first permits for TurkStream

September 7, 2016, 15:40

Gazprom received through diplomatic channels the first permits for the TurkStream project from the authorities of the Turkish Republic after the decision to resume the project this year.

At last week's negotiations between Alexey Miller, Chairman of the Gazprom Management Committee, and Berat Albayrak, Minister of Energy and Natural Resources of the Turkish Republic, the parties reached the agreement to shortly complete all the required preparatory procedures for launching the TurkStream project.

“The issuance of first permits is good news for Gazprom. This move of the Turkish side reflects the interest of Turkey's government in the TurkStream project and marks the transition to its practical implementation,” said Alexey Miller.

Background

On December 1, 2014, Gazprom and Turkey's Botas signed the Memorandum of Understanding on constructing the TurkStream gas pipeline. The pipeline will run 660 kilometers along the old route of South Stream and cover 250 kilometers of a new route toward the European part of Turkey. It is planned that the first gas pipeline string will be used exclusively for gas supplies to the Turkish market.

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