The new Turkish Stream gas pipeline project will be presented at the 26th World Gas Conference, which will take place in Paris from June 1 to 5 at the Paris expo Porte de Versailles exhibition center.

At the Turkish Stream exhibition stand (Pavilion No. 1, exhibition stand F58) the forum guests will be able to get detailed information about the project and its significance for the European energy security. Visitors will see the models of pipe laying vessels, learn about the offshore gas pipeline construction techniques as well as about the advantages of using natural gas for successful economic development and environmental conservation.

About Gazprom and Turkish Botas

On December 1, 2014 Gazprom and Turkish Botas signed the Memorandum of Understanding on constructing an offshore gas pipeline with an annual capacity of 63 billion cubic meters across the Black Sea towards Turkey. The new gas pipeline will run across the Black Sea from the Russkaya CS near Anapa to Kiyikoy village in the European part of Turkey and further via Luleburgaz to Ipsala on the border between Turkey and Greece. The offshore gas pipeline will consist of four strings with the capacity of 15.75 billion cubic meters each. All the gas from the first string will be moved solely to the Turkish market.

Gazprom will construct the offshore gas pipeline, involving its 100 per cent subsidiary South Stream Transport registered in the Netherlands. South Stream Transport was focused on preparations for the South Stream gas pipeline construction, which was cancelled in December 2014. The greater part of the Turkish Stream gas pipeline will be laid within the corridor intended for South Stream. In May 2015 Saipem was tasked to start constructing the first offshore gas pipeline string using the pipes manufactured for South Stream.

The International Gas Union holds the World Gas Conference triennially. It is a forum for discussing a wide range of issues related to the gas industry development, including gas transmission, storage, distribution and consumption as well as the environmental impact of power generation.

About Gazprom

Gazprom is a global energy company. Its major business lines are geological exploration, production, transportation, storage, processing and sales of gas, gas condensate and oil, sales of gas as a vehicle fuel as well as generation and marketing of heat and electric power.

Gazprom views its mission in reliable, efficient and balanced supply of natural gas, other energy resources and their derivatives to consumers.

Gazprom holds the world’s largest natural gas reserves. The Company’s share in the global and Russian gas reserves makes up 18 and 72 per cent respectively. Gazprom accounts for 14 and 74 per cent of the global and Russian gas output accordingly. At present, the Company actively implements large-scale projects aimed at exploiting gas resources of the Yamal Peninsula, Arctic Shelf, Eastern Siberia and the Far East, as well as hydrocarbons exploration and production projects abroad.

Gazprom is a reliable supplier of gas to Russian and foreign consumers. The Company owns the world’s largest gas transmission network – the Unified Gas Supply System of Russia with the total length of over 168 thousand kilometers. Gazprom sells more than half of overall produced gas to Russian consumers and exports gas to more than 30 countries within and beyond the former Soviet Union.