ECONOMY
Turkey issues first permits on Turkish Stream engineering survey
Baku, June 24, AZERTAC
Turkey has issued a permit on engineering surveys for the offshore section of Turkish Stream. According to "Gazprom" OJSC, the document stipulates that investigations will be carried out within the exclusive economic zone and territorial waters of Turkey in order to place the first offshore string of the gas pipeline.
The offshore part of the Turkish Stream will consist of four pipelines, each with a capacity of 15.75 billion cubic meters (bcm). The pipelines are planned to pass through 660 kilometers of the old South Stream route under the Black Sea and move 250 kilometers towards a new route to reach Turkey’s Thrace region.
The Turkish Stream is planned to have a total capacity to carry 63 bcm of natural gas per year. It will deliver 47 bcm of gas to Europe, while the remaining amount will be allocated to Turkey for domestic use. The first gas supplies on the project will be implemented in December 2016.
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