Gazprom resumes construction of second line of Turkish Stream pipeline – Serbia potential market on the route

Russia's state-run giant Gazprom has resumed the laying of the second line of the Turkish Stream gas pipeline on Tuesday, June 26, 2018.

– On Tuesday, the Pioneering Spirit vessel resumed the laying of the second line of the Turkish Stream gas pipeline, moving towards the city of Kiyykoy in Turkey – the project's operator said, as reported by TASS.

In April, the construction of the first line of the sea part of the pipeline was completed. To date, 1,161 km of pipes have been laid, which is 62% of the pipeline's length.

In late May, Gazprom and Turkey's Botas signed a protocol on a land-based part of the transit leg of the Turkish Stream gas pipeline, due to supply Russian gas to European customers.

Earlier, Deputy Chairman of Gazprom, Vitaly Markelov, said that the company was negotiating the route of the second line of the Turkish Stream in Turkey. Deputy CEO of Gazprom, Alexander Medvedev, said that in the very near future the company will definitively determine the route of the second line of the Turkish Stream.

According to him, now two main options are being discussed in accordance with the procedures in the European Union and the European Commission. As potential markets, he named Greece, Italy, Bulgaria, Serbia and Hungary.

The first line of the Turkish Stream pipeline will be intended for the Turkish market, the second for gas supply to the countries of South and Southeastern Europe. The capacity of each line reaches 15.75 billion cubic meters of gas per year, and the total value of the project has been estimated at EUR 11.4 billion.

Gazprom Moscow

Gazprom

Botas

Turkish Stream

Vitaly Markelov

laying of second line of Turkish Stream pipeline

second line of Turkish Stream pipeline

Alexander Medvedev

route of second line of Turkish Stream pipeline