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Turkish, Greek And Tesla Streams Re-routing Energy Supply In Eastern Europe

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Russia cancelled its South Stream gas pipeline project in December 2014 replacing it with new Turkish Stream pipeline. The follow-up of this Russian-Turkish project is re-routing the energy supply in whole Eastern Europe with Greek and Tesla [Balkan] Stream gas pipelines. The head of Russian gas producer Gazprom stated on 7 th May 2015 that the firm had decided to start building the Turkish Stream pipeline and that preparations to build the undersea stretch of the pipeline were under way. During a meeting between Gazprom ’s Alexei Miller and Turkish Minister of Energy Taner Yildiz, the parties sent a resounding message to gas markets: the Turkish Stream will be brought on stream in 19 months. Natural Gas Europe reports : “We had very efficient and crucial talks today. It was agreed to bring onstream Turkish Stream and to start gas supplies in December 2016. Gazprom, while implementing its portion of work under the Turkish Stream project, will follow the ...