The building of the Nord Stream-2 gas pipeline, taking into account the restricted possibility of transporting gas from the north to the Czech Republic and Slovakia, could result in a shortage of gas in Eastern Europe, national joint-stock company Naftogaz Ukrainy Board Chairman Andriy Kobolev has said.
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“Due to the fact that the installation [of the pipeline] did not begin as planned, we are no longer speaking of December 2016”, Medvedev told reporters, asked about a possible postponement.
High-level Turkish officials said Turkey and Russian Federation have been unable to make progress in the planned Turkish Stream project and have frozen talks for now.
The Russian Energy Ministry has said it expects a deal will be signed with the formation of a new government in Turkey following the November general elections.
Turkey aims to exploit its geographical position to serve as an energy bridge for oil and natural gas supplies running from Eastern economies to Europe.
In June, Gazprom announced plans to build two additional branches of the Nord Stream gas pipeline from Russian Federation to Germany in a joint project with E.ON, Shell and OMV, with an estimated cost of 9.9 billion euro (over $11 billion).
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Aytekin noted Turkey had increased its requested gas discount from around 6 percent to 10.25 percent. The pipeline will continue to a hub on the Turkish-Greek border, from where it could be extended to southern Europe. The pipeline had been scheduled to open in late 2016.
