Russian Gazprom ready to construct Turkish Stream and wait for construction of its European infrastructure - CEO Miller

BERLIN, April 13. /TASS/. Russian gas giant Gazprom is ready to construct Turkish Stream and wait for construction of its European infrastructure, CEO Alexey Miller said Monday. "We’ll launch the /Turkish Stream/ construction once we receive all permissions," Miller said. "We have no need to discuss the Turkish Stream /which will travel/ across the Black Sea, with our European partners. We will construct it and will be waiting. The European Union bears responsibility for temporary risks," he said, adding that "we will be waiting the right amount of time." On December 1, 2014 Gazprom and the Turkish company Botas signed a memorandum of understanding on construction of a gas pipeline from Russia to Turkey via the Black Sea. The pipeline capacity will total 63 bln cubic meters of gas, of which about 50 bln cubic meters will be delivered to a new gas hub on the Turkish-Greek border. Gazprom Russkaya will be in charge of the pipeline construction. Gazprom stopped the South Stream gas pipeline project in early December 2014, while announcing the implementation of the Turkish Stream, the alternative project of the gas pipeline construction to Turkey with further deliveries to Europe. The Turkish Stream gas pipeline will run 660 km along the old corridor of the South Stream project abandoned by Russia and 250 km in the new corridor towards Turkey’s European part. Read more