TurkStream Line 1 Completed

The maximum pipelaying rate – 5.6 km/day – was reached twice in February 2018.

Following the works schedule, Pioneering Spirit will continue the deep-water pipelay of Line 2 in the third quarter of 2018.

'Implementation of the TurkStream Project carries forward successfully. We have reached an important milestone – the completion of Line 1. Progress is moving at a high rate. Since 7 May 2017, when we started the pipelaying campaign, the total of 1,161 km of pipes has been laid, which is 62% of the overall gas pipeline length. Needless to say, TurkStream will play a significant role in strengthening energy security of Turkey and Europe', said Alexey Miller, Chairman of the Management Committee of Gazprom PJSC.

TurkStream is the project for a gas pipeline stretching across the Black Sea from Russia to Turkey and further to Turkey's border with neighboring countries. The first line of the gas pipeline is intended for the Turkish consumers, while the second line is designated for the Southern and South-Eastern Europe. Each line will have the throughput capacity of 15.75 billion cubic meters of gas per year. South Stream Transport B.V., a wholly-owned subsidiary of Gazprom PJSC, is responsible for the construction of the gas pipeline's offshore section that started on 7 May 2017.

Turkey is Gazprom's second largest export market. Currently, Russian gas is delivered to Turkey via the Blue Stream gas pipeline and the Transbalkan Corridor. In 2017, Gazprom supplied the record 29 bcm of gas to the Turkish market. This is 4.3 bcm (17.3%) more than in 2016 and 1.7 bcm (6.2%) more than in 2014, when the previous maximum of 27.3 bcm was achieved.