Russian energy giant Gazprom is currently in talks with its Turkish partners to carry natural gas deliveries via the TurkStream pipeline to more European markets.
“We are now in talks on the issue with our Turkish colleagues,” said Elena Burmistrova, chief executive of the Russian holding’s export arm, Gazprom Export, during a conference with investment banks Tuesday, as cited by Russia’s TASS news agency.
Burmistrova had previously said that Gazprom may consider delivering some of TurkStream’s gas to more of Europe, on the condition that the demand for gas in the country continues to decline. Gas purchases in Turkey declined significantly since 2019 for several internal reasons, including the steps taken to diversify the supply chains and benefit from excessive supplies of cheaper liquefied natural gas (LNG).
Gazprom enjoyed the highest figure of sales to Turkey in 2017, when the Russian company delivered about 29 billion cubic meters (bcm) of natural gas to the country, making it the second-biggest market after Germany. The energy giant’s pipeline natural gas exports to Turkey are expected to decrease to between 8-9 bcm this year, its lowest level since the 1990s.
