Turkey To Spend 23 Million USD In Turkstream Pipeline In 2019

Turkey To Spend 23 Million USD In Turkstream Pipeline In 2019

ANKARA, Turkey, Feb 20 (NNN-ANADOLU) – Turkey plans to invest an equivalent of 23 million U.S. dollars in 2019, for the land section of the TurkStream natural gas pipeline, the government’s 2019 investment plan said.

The official statement said that the government will spend a total of 217.91 million Turkish liras (about 41 million dollars), on the first line of TurkStream project, which will transport natural gas from Russia under the Black Sea.

The TurkStream project will consist of two lines with a total capacity of 31.5 billion cubic metres.

The first line is expected to be fully operational by the end of this year, and provide gas to the Turkish market from Russia.

The second line, which is intended to supply gas to southern Europe, will route from Turkey through Bulgaria, and then Serbia, Hungary and Slovakia.– NNN-ANADOLU

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