MOSCOW (Sputnik), Anna Liatsou — Greece regards Moscow’s proposal to build the Turkish Stream pipeline, to carry Russian natural gas across its territory to Central Europe, to be a lucrative project that may bring the countries closer together, Greek Energy Minister Panagiotis Lafazanis told Sputnik.
“We are studying these proposals, they seem interesting and, on the whole, could set the stage for more substantial cooperation with the Russian side,” Lafazanis told Sputnik after a meeting with his Russian counterpart Alexander Novak and Russian energy giant Gazprom’s CEO Alexei Miller.
Greece imports around 65 percent of its natural gas from Russia.
Gazprom has been in charge of both pipeline projects. The company also plans to set up a major gas hub on the Turkish-Greek border to store gas for Europe.
The South Stream project came to an abrupt end after Bulgaria froze construction last summer citing European Union regulations.