Energy in Turkey
Israel has made a proposal under which its gas will be transited to the EU through a new pipeline, Israeli media outlets say.
The idea includes a route going across the Mediterranean's seabed to reach Cyprus and then Greece and Italy.
Earlier in the 2010s Israel discovered significant gas deposits off its coast and has been pumping from the Tamar Deposit since 2013.
Turkmenistan has signed an outline deal with Turkey to supply gas to a new pipeline that could help Europe reduce its dependence on Russian gas imports.
The two countries struck a so-called framework agreement on Oct. 7 for Turkmenistan, which is keen to diversify exports of its gas to world markets, to supply gas to the proposed Trans-Anatolian natural gas pipeline project (TANAP).
Turkey could become a natural gas hub with its LNG terminals at the border of Greece and Bulgaria, according to an official from BOTAŞ, Turkey’s state-run gas pipeline company.
The agreement to go on with the Trans-Anatolian gas pipeline (TANAP) was signed in Turkey's biggest city Istanbul.
Six Turkish companies are to supply most (80%) of the steel pipes needed for the 1800-km-long pipeline, Hürriyet Daily News reports.
The remainder will be provided by German-based Chinese Baosteel Europe.
Russian natural gas producer Gazprom said it has agreed with Turkey to increase the capacity of the Blue Stream underwater gas pipeline
'We open the project as a peace corridor that is the result of 15 years hard work by Turkey and Azerbaijan,' Turkey's Energy Minister Taner Yıldız said during the groundbreaking ceremony for the Trans-Anatolian Gas Pipeline (TANAP), which is the first phase of the $45 billion worth the Southern Gas Corridor
BUDAPEST - Hungary, Serbia and Bulgaria, and the chambers of commerce of these countries support the construction of the South Stream gas pipeline, arguing that it will help the economic development of these countries and they therefore expect that the EU and Russia will come to an agreement concerning the project.
The new pipeline, which connects the town of Iasi, in eastern Romania, with Ungheni in Moldova, will help the former Soviet republic reduce its reliance on gas imports from Russia.
Prime Minister Victor Ponta and Moldavan Prime Minister, Iurie Leanca, will be present on Wednesday for the official inauguration of the 45-kilometre-long pipeline.