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The Turkish Stream gas pipeline project is the sole route for Russia鈥檚 future supplies of 63 billion m³ of natural gas to Europe currently delivered via Ukraine, Gazprom CEO Alexey Miller said last week.

The Gazprom head made this statement in response to a question about the fate of Russia鈥檚 South Stream gas pipeline project.

鈥淭he project is closed. The Turkish Stream is the sole route, which can deliver 63 billion m³ of Russian natural gas transited across Ukraine so far. There are no other options,鈥� Miller said.

Gazprom has notified its European partners about its Turkish Stream gas pipe plans and now their task is to create the necessary gas transport infrastructure from the border of Turkey and Greece, the Gazprom head said.

鈥淭hey have a maximum of several years for this. This is a very tight schedule. To comply with it, work for the construction of new trunk gas pipelines should be started in EU countries right now. Otherwise, these gas volumes may be redirected to other markets,鈥� the Gazprom head said.

Russia鈥檚 plans to shift all its natural gas flows crossing Ukraine to a route via Turkey is a surprise move that the European Union鈥檚 energy chief said would hurt its reputation as a supplier.

The decision makes no economic sense, Maros Sefcovic, the European Commission鈥檚 Vice President for Energy Union, told reporters today after talks with Russian government officials and the head of gas exporter, OAO Gazprom (GAZP), in Moscow.

Sefcovic said he was 鈥渧ery surprised鈥� by Miller鈥檚 comment, adding that relying on a Turkish route, without Ukraine, won鈥檛 fit with the EU鈥檚 gas system.

Gazprom plans to deliver the fuel to Turkey鈥檚 border with Greece and 鈥渋t鈥檚 up to the EU to decide what to do鈥� with it further, according to Sefcovic.

鈥淲e don鈥檛 work like this,鈥� he said. 鈥淭he trading system and trading habits - how we do it today - are different.鈥�

Edited from various sources by

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