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Russia resumes gas supply to Turkey

Turkey is one of the main buyers of Russian natural gas. The cooperation in the gas sector dates back to 1984 when the Turkish Government and the Soviet Union signed the Agreement on natural gas supplies to Turkey

Russia resumes gas supply to Turkey

Moscow, May 27 - Neftegaz.RU. Russian gas producer Gazprom has resumed supplies to Turkey via the Blue Stream gas pipeline, the Interfax news agency quoted the company as saying yesterday.

Gazprom had suspended the supply for planned maintenance on 12 May and restarted earlier than the scheduled date of 27 May.

The Blue Stream gas pipeline is designed to deliver Russian natural gas to Turkey across the Black Sea bypassing third countries.
Blue Stream supplements the gas transmission corridor running from Russia to Turkey via Ukraine, Moldova, Romania and Bulgaria.

Last month, the company's Deputy Leader Elena Burmistrova stated that the sale of Russian gas to Turkey is competitive, and that gas supplies increased significantly compared to 2020.
Emphasising that Gazprom's gas prices are flexible and competitive, she said:
  • We are reaching some agreements, our prices are competitive, Turks continue to effectively purchase our gas volumes from the Blue Stream and Turkish Stream natural gas pipelines, as before
Turkey is currently importing approximately 50 % of its gas needs from Russia, making Ankara the 2nd most valuable market for Russian gas after Germany.

Since bringing Turkish Stream into operation, Gazprom has increased the gas pipeline's utilization rate by 2.2 times, including a 2.5-fold growth in utilization for European consumers.

Source : Neftegaz.RU


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