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Russia may consider providing financing to Greek firms for construction of Turkish Stream

BC, Moscow, 08.05.2015.Print version
Russia is ready to consider providing financing to Greek companies for construction of gas transportation system in Greece, Russian President Vladimir Putin said Thursday, informs LETA/ELTA, referring to TASS.

During the phone conversation with Greek Prime Minister Alexis Tsipras both parties paid particular attention to joint infrastructure plans, as well as issues of energy cooperation, including the construction of the gas transportation system in Greece as part of a new project to transport Russian gas through Turkey to other European countries, the Kremlin press service said.

 

The press service also confirmed that Russia is ready to provide funding to Greek public and private companies that will be involved in this project.



 

Earlier yesterday, Gazprom head Alexey Miller said that Russia and Turkey have reached an agreement to start putting the Turkish Stream gas pipeline into operation in December 2016. According to him, first gas supplies via the pipeline will also begin in December 2016.

 

In January-April, Russia supplies about 5.4 billion cubic meters of gas via the Blue Stream to Turkey, which is 4 percent up year-on-year.

 

The participants of the meeting stressed that in the last 10 years gas consumption in Turkey more than doubled and the country is interested in growth of Russian gas exports.






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