Baku, Azerbaijan, May 20
By Rufiz Hafizoglu - Trend:
Turkey will not take part in the construction of the Turkish Stream gas pipeline, Turkish Minister of Energy and Natural Resources Taner Yildiz said in an interview with TRT Haber TV channel.
After the construction, Turkey is expected to become a co-founder of the joint Russian-Turkish company," he said. "The company will be established in the province of Edirne. The onshore part of the pipeline will end there."
Turkish Stream envisages transportation of gas from Russia to Turkey through the Black Sea. Russia's Gazprom company and Turkish BOTAS signed a memorandum of understanding on construction of the pipeline on Dec.1, 2014.
The pipeline's pumping capacity will be 63 billion cubic meters.
The 1,100 kilometer-gas pipeline will consist of four branches and supply 47 billion cubic meters of gas to the Turkish-Greek border.
A gas hub is expected to be created on the border between Turkey and Greece.
The EU countries must independently create their own gas transportation facilities to receive this gas in their territories.
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