Ankara not in hurry to implement Turkish Stream

Ankara is not in a hurry to implement the Turkish Stream gas pipeline project, as currently it has more important priorities, a source in Turkish presidential administration told Trend Nov. 6.

The source said that, most likely, the issue of implementation of the Turkish Stream will be discussed in early 2016.

The interviewee also said this doesn’t mean that Ankara refused to implement the Turkish Stream.

On Oct. 22, Turkey’s Energy and Natural Resources Minister Ali Riza Alaboyun told Trend that the issue regarding the necessity of implementing the Turkish Stream project will be cleared up soon.

The talks between Ankara and Moscow on realization of the Turkish Stream have been brought to a halt.

The Turkish Stream project envisages construction of a gas pipeline from Russia to Turkey through the Black Sea. It was supposed that the pipeline will consist of four branches with the capacity of 15.75 billion cubic meters of gas each.

The gas to be delivered via the first branch is completely designed for the Turkish market, while the rest of the volume will be delivered to the Turkish-Greek border where it is planned to create a gas hub.

It was planned to start the pipeline’s construction in June, however, the project is still under discussion.

/By Trend/