Putin, Tsipras Discuss Planned Gas Pipeline through Turkey, Greece

World » RUSSIA | June 5, 2015, Friday // 18:54| Views: | Comments: 0
Bulgaria: Putin, Tsipras Discuss Planned Gas Pipeline through Turkey, Greece Russian President Vladimir Putin (R) and Greek Prime Minister Alexis Tsipras (L) shake hands after their meeting in the Kremlin in Moscow, Russia, 08 April 2015. EPA/BGNES

Russian President Vladimir Putin and Greek Prime Minister Alexis Tsipras have discussed over the phone the planned construction of a pipeline that will carry Russian natural gas to Turkey and Greece.

“Practical steps to implement the agreements reached during Alexis Tsipras’ recent working visit to Russia were discussed, in particular the planned construction of gas transportation infrastructure through Turkey and Greece.” the Kremlin press service said in a statement on Friday. It didn’t elaborate.

News of the telephone conversation came shortly before Tsipras is scheduled to report to the parliament in Athens about progress in Greece’s reforms-for-cash talks with its international creditors. 

Although the name Turkish Stream wasn’t mentioned in the statement, Putin said during Tsipras' visit to Moscow in April that the pipeline project could help Greece become one of the main gas distribution centres in Europe and attract considerable investment.

In December 2014 Gazprom announced the planned construction of Turkish Stream, which will run underneath the Black Sea from Russia to Turkey from where it would to go a gas hub at the border with Greece. A pipeline through Greece could then link Turkish Stream to EU markets.

“Russian officials denied that Putin and Tsipras had discussed a big loan to Athens” to help cash-strapped Greece but  “Moscow has indicated in the past that this project could become a vehicle for extending financial support to Greece”, the FT said in its coverage of the news.

Turkish Stream was unveiled as a replacement to the South Stream project abandoned by Moscow over objections from the European Commission.

The Russian energy giant said back then that Turkish Stream will be able to carry 63 billion cubic meters of Russian gas per year to Turkey underneath the Black Sea. Out of the total, Turkey will use 16 billion cubic meters to meet its domestic needs, while the remaining 47 billion cubic meters could be pumped to a future gas hub on Turkey’s border with Greece, for delivery to EU markets.

Putin and Tsipras also agreed to meet at the St Petersburg economic conference on 18-20 June, according to the statement.

 

Russia » Be a reporter: Write and send your article
Tags: greece, Russia, Turkish Stream, Kremlin, gas, Gazprom, Black Sea, turkey, Putin, Tsipras, creditors, Athens
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria