Gazprom Alexey Miller
Russia Ready to Build Pipeline to Turkey to Replace South Stream - Gazprom
Russia and Turkey have signed a memorandum of understanding over the construction of a gas pipeline under the Black Sea that could effectively replace the stalled South Stream project.
The new pipeline will be able to carry 63 billion cubic metres (bcm) of gas per year to Turkey, the head of Russian gas giant Gazprom Alexey Miller told reporters in Ankara on Monday.