Alexey Miller and Panagiotis Lafazanis address preparation of documents for gas pipeline construction in Greece

RELEASE

Gazprom’s exhibition stand at Forum

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Panagiotis Lafazanis, Minister of Productive Reconstruction, Environment and Energy of the Republic of Greece took place today within the St. Petersburg International Economic Forum 2015.

The parties addressed the construction of capacities in Greece for supplying European markets with Russian pipeline gas from the Turkish Stream gas pipeline. In particular, an emphasis was put on the preparation of a pertinent inter-governmental memorandum.

Background

On December 1, 2014 Gazprom and Turkish Botas signed the Memorandum of Understanding for the construction of the Turkish Stream gas pipeline from Russia towards Turkey across the Black Sea. The gas pipeline will have an annual capacity of 63 billion cubic meters of gas.