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    South Stream Technical Director to Head Turkish Stream Pipeline Project

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    Russian energy giant Gazprom announced that the technical director of South Stream Transport B.V. Andrey Fick has been appointed as general director of the company in charge of construction of the Russia-owned Turkish Stream gas pipeline.

    MOSCOW (Sputnik) — The technical director of South Stream Transport B.V. Andrey Fick has been appointed as general director of the company in charge of construction of the Russia-owned Turkish Stream gas pipeline, Russian energy giant Gazprom announced Tuesday in a statement.

    "Andrey Fick has been appointed CEO of Gazprom Russkaya ltd. In 2013-2015 he served as the technical director of South Stream Transport B.V. [operator of the offshore section of the South Stream gas pipeline project]," the statement reads.

    In December 2014, Russia terminated its long-time South Stream project, citing Brussels' opposition to the gas pipeline. This cancellation made way for a new project, dubbed the Turkish Stream pipeline.

    The Turkish Stream pipeline will replace the South Stream, and have an annual capacity of 63 billion cubic meters. The new pipeline will pass through Turkey, with a gas hub on the Turkish-Greek border for further distribution to consumers in southern Europe.

    Russia's energy giant Gazprom has headed up both pipeline projects. In December 2014, it announced the establishment of a new company, Gazprom Russkaya, which will be tasked with building the new pipeline to Turkey.

    The first leg of the Turkish Stream pipeline is scheduled to be completed by the end of 2016.

    Related:

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    Turkish Stream Pipeline May Boost Energy Ties With Greece – Greek Minister
    Turkish Stream Important for Diversification of Gas Supplies - Erdogan
    Tags:
    Turkish Stream gas pipeline, South Stream gas pipeline, Gazprom, Russia, Turkey
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