Construction of Turkish Stream gas pipeline launched
13 May, 2017
Russian energy giant Gazprom has begun laying the pipes for the Turkish Stream natural gas pipeline off the Russian Black Sea coast, Gazprom CEO Aleksey Miller said last Sunday. The announcement came days after the meeting between Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan in the Russian Black Sea resort city of Sochi on 3 May, RT noted.
Miller said that the project has been implemented in strict compliance with the plan and by late 2019, Turkish and European consumers will have a new, reliable source of Russian gas imports.
Going into the details of the works that are currently under way off the Krasnodar Krai coastline, Gazprom CEO said that the inaugural construction works are being carried out by the Audacia multi-purpose pipe-laying vessel, owned by Allseas, the project’s main contractor. It is tasked with construction of both legs of the pipeline’s offshore stretch, measuring over 900 km. The first of the legs, with a maximum capacity of 15.75bn cubic meters, will deliver Russian natural gas directly to Turkey, while the second is envisioned to supply gas to European customers.
The deal for the Turkish Stream project with an estimated total cost of €11.4bn ($12.7bn) was signed by Putin and Erdogan in Istanbul in October 2016. According to the agreement, Russia is to construct and own the maritime section of both Turkish Stream legs, while Turkey would be in charge of construction of the land part of the branch supplying gas to its citizens.