TurkStream 2 Gas Pipeline
This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor and the Center for Media and Democracy. |
Sub-articles: |
TurkStream 2 Pipeline is a natural gas pipeline currently under construction. The pipeline would link Russian gas to Turkey's gas transmission network.[1]
Contents
Location
Project Details
- Operator: Gazprom
- Parent Company:
- Proposed capacity: 15.75 billion cubic meters per year
- Length:
- Status: Construction
- Start Year: 2020
Background
In July of 2018, Russia resumed the pipe laying operations for the second string of the offshore TurkStream Gas Pipeline, which aims to deliver gas to southern and southeastern Europe.[1] Russia's Energy Minister Alexander Novak announced that the TurkSream 2 Gas Pipeline will run through Bulgaria, Serbia, and Hungary.[2]
Bulgaria is considering joining Russia's TurkStream 2 pipeline proposal and, according to the country's Ministry of Energy, is ready to invest €1.4 billion ($1.6 billion) in the project. However, its completion is dependent on approval from the necessary authorities, including the European Commission. Experts have already expressed doubts over whether the pipeline will be profitable, and in fact, only the third market test was successful.[3]
Articles and resources
References
- ↑ 1.0 1.1 Kostis Geropoulos Gazprom will reduce volumes through Ukraine even further but Russian will not stop gas transit through the former Soviet republic, expert tells NE News Europe, July 2, 2018
- ↑ UPDATE 1-TurkStream 2nd leg to go via Bulgaria, Serbia and Hungary, Reuters, Jul. 26, 2019
- ↑ Russia's proposed TurkStream 2 pipeline sparks Bulgaria, EU energy worries DW, February 28, 2019
Related SourceWatch articles
- Proposed Pipelines in Turkey
- Proposed Pipelines in Hungary
- Proposed Pipelines in Bulgaria
- Proposed Pipelines in Serbia