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Project Insights

South Stream Lite raises supply problems for Greece

Turkish Stream and its proposed extension into Europe may not offer Gazprom enough capacity to honour its supply contract with Greece Turkish Stream and its proposed extension into Europe may not offer Gazprom enough capacity to honour its supply contract with Greece.
By Silvia Favasuli 29 November 2018 Europe & Russia / Pipelines, Storage & Power 0 33490
Pipe-laying in Greece for the Trans-Adriatic Pipeline. (TAP)

Gazprom’s plan to extend the second leg of the Turkish Stream pipeline into Central and Eastern Europe (CEE) raises questions about how the Russian major intends to supply Greece after the new line becomes operational in 2021. 

The southern European country may prove another factor preventing Gazprom from dispensing with the Ukrainian transit route after 2019. 

Greece consumed about 2.7 billion cubic metres of Russian gas delivered through the Trans-Balkan Pipeline (TBP) network, part of the Ukrainian transit route, in 2017. One TBP line...