Russia's Gazprom May Delay Launch of TurkStream 1st Line until End-2017
ST PETERSBURG, Russia, Oct 7 (Reuters) – Russian energy giant Gazprom may delay the launch of the first line of its TurkStream gas pipeline project until the end of 2017, Alexander Medvedev, the company's deputy CEO, told reporters on Wednesday.
The first line of TurkStream, which should replace Russian gas transit via Ukraine, was previously planned to be launched at the end of 2016.
"This time frame is being postponed now. It depends on how quickly the intergovernmental agreement will be signed. Nothing terrible would happen if it is postponed by one year," Medvedev said in St Petersburg.
(Reporting by Denis Pinchuk; writing by Polina Devitt; editing by Alexander Winning)
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Court Rejects PGniG's Attempt To Limit Gazprom's Use Of Opal Pipeline (Oct 13)
- Russia's Gazprom Signs LNG Supply Deal With Ghana (Sep 18)
- Gazprom Says Sanctions Won't Stop Nord Stream 2 Pipeline Project (Aug 30)