Russia redirects all South Stream pipes to Turkey-bound gas pipeline

MOSCOW, December 1. /TASS/. Russia’s steel pipe manufacturers hope that all their products originally meant for the South Stream project will be redirected to the just-unveiled plan for a gas pipeline to Turkey, the chief of the Pipeline Producers’ Association, Ivan Shabalov, has told TASS, adding that no costs would ensue.

“The South Steam’s infrastructure in Russian territory is absolutely adjustable to the plan of a pipeline to Turkey, Shabalov said. “The Turkish route will entail no losses for Gazprom or for the pipe manufacturers.”

“If a new contract for supplying 63 billion cubic meters of gas a year to Turkey is concluded, that means that the Russian corridor and the Russian stretch of this project will be absolutely identical to South Stream’s. The latter’s estimated throughput was exactly 63 bcm. From that standpoint no changes in the amount of supplies are due,” Shabalov said.

“Russia’s section of South Stream will continue to be laid at the original pace. Possibly, it may even be finalized a little bit faster than Turkey would be prepared for – six to twelve months sooner. We see no reason for a pause. In practice such projects have never been stopped,” Shabalov said.

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On Monday, Russian President Vladimir Putin said the South Stream pipeline project is closed, blaming failed cooperation with the E.U. in the issue and in particular, Bulgaria, which in June suspended preparations for the construction of the pipeline on orders from the E.U. that said the pipeline laying must be suspended until the project is fully adjusted to the Union’s legislation.

Full article: Russia redirects all South Stream pipes to Turkey-bound gas pipeline (ITAR-TASS)

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