• USD 63.66 -0.22
  • EUR 68.10 -0.06
  • BRENT 54.75 +0.53%

Miller specifies target markets for Nord Stream II

According to Gazprom’s CEO Alexey Miller, the target markets for Nord Stream II are Germany, France, Italy and the Baumgarten gas hub.

After a meeting with German Economy and Energy Minister Sigmar Gabriel, Miller said that from Baumgarten the gas might be supplied to Southeastern Europe.

“2/3 of the gas for Turkey will be supplied by Turkish Stream,” Miller said.

Earlier, he said that the capacities of Turkish Stream would be halved from 63bn c m to 32bn c m. On Sept 4, 2015, Gazprom, E.ON, BASF/Wintershall, OMV, Engie and Shell signed a contract on Nord Stream II, a project that is supposed to redouble the existing capacities to as much as 110bn c m or 30% of the EU’s needs. As a result, Europe and Turkey, in particular, will get additional 87bn c m.

All news

03.12.2016

01.12.2016

30.11.2016

29.11.2016

28.11.2016

27.11.2016

25.11.2016

23.11.2016

22.11.2016

Show more news
Facebook
Twitter
Socials
Information
Press «Like», to read
EurAsia Daily in Facebook
Press «Follow», to read
EurAsia Daily in VK
Thank you, don't show this to me again