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Gazprom in talks with Snam over Turkish Stream

Russia's Gazprom is in talks with Italian TSO Snam over transporting gas from the Turkish Stream pipeline
By Staff reporter 10 October 2018 Europe & Russia / Pipelines, Storage & Power 0 32849

Gazprom is discussing possible options for cooperation with Italian transmission system operator (TSO) Snam regarding the implementation of the Turkish Stream pipeline, Russian Energy Minister Alexander Novak said after a meeting with Snam Chief Executive Marco Alvera.

“Russia will be able to meet growing demand for gas in Europe and [Snam] will be able to earn a stable profit by participating in its transportation and storage,” Novak was quoted as saying.

South Stream Lite, a proposed pipeline through Bulgaria, Serbia and Hungary to Austria,...