In may 2020 pipeline “Blue stream” through which gas from Russia went to Turkey under the Black sea, we stopped for maintenance work. However, the work of the pipeline was not resumed, reports Reuters.
The Agency notes that the pandemic COVID-19 affected the economy of Turkey, for which simultaneous operation of the “Turkish stream” and “Blue stream” was excessive.Via the “Blue stream”, which is a joint venture of Russian Gazprom and the largest Italian oil company Eni, it is possible to transport up to 16 billion cubic meters of gas per year. While the Blue stream is exempt from customs duties on the intergovernmental agreement. That is why the Russians, considering the circumstances, threw all volumes of gas “Turkish stream”, Gazprom now pays 30% export duty to the Russian budget, because the pipeline is not exempt.
According to experts, investments in the Blue stream has already paid for itself, considering the European rates of previous years. Investments in the project amounted to $3.2 billion While “Turkish stream” at a cost of $7 billion and it has yet to recoup. In fact, now a “Turkish stream” is enough to meet the demand.We remind you that the Blue stream was commissioned in 2003. In 2017 it pumped 15.8 billion cubic meters In 2018 were transported to total 13.3 billion cubic meters of gas in 2019, is less than 11.1 billion cubic meters So that the actions of “Gazprom” appear to be perfectly logical and reasonable, not to mention the replenishment of the national budget in an economically difficult and dangerous from the epidemiological point of view, the time, the magazine writes Reporter.