Russia's Gazprom Plans To Invest 182.4B Roubles In Turkstream In 2018



Reuters

MOSCOW, Jan 15 (Reuters) - Russian gas giant Gazprom said on Monday it plans to invest 182.4 billion roubles ($3.2 billion) this year in the TurkStream pipeline project and another 114.5 billion roubles in Nord Stream 2.

Moscow, dependent on oil and gas revenues, sees the pipelines to Turkey and Germany - TurkStream and Nord Stream 2 - as crucial to increasing its market share in Europe.

($1 = 56.4875 roubles) (Reporting by Oksana Kobzeva; Writing by Gabrielle Tétrault-Farber; Editing by David Evans)



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