Russia, Turkey announce new gas route with hub in Greece borders | WHAT REALLY HAPPENED

Russia, Turkey announce new gas route with hub in Greece borders

The first gas pipe with a capacity of 15.75 billion cubic meters will be operational by December 2016.

Six hundred and sixty kilometers of the new Turkish Stream pipeline will go through the old South Stream corridor and a further 250 kilometers will head in the direction of the European part of Turkey.

The four threads which make up the pipeline will have a capacity of 63 billion cubic meters, Gazprom said in a statement following Tuesday’s meeting between CEO Aleksey Miller and the Turkish Minister of Energy and Natural Resources Taner Yildiz.

The company will apply to carry out design and exploration work in Turkish territorial waters on Wednesday, January 28.

Webmaster's Commentary: 

So much for Russia being "economically isolated" by sanctions!!

And after this weekends elections in Greece, the country's ruling majority must be feeling pretty chipper at the speed with which this deal unfolded, because the economic implications of this deal will be terrific for the new Greek government.

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA