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mick

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Thursday, 12/08/2016 9:48:55 AM

Thursday, December 08, 2016 9:48:55 AM

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12-08-2016/ TurkStream construction work to start next year, Gazprom chief says
Dec. 8, 2016 8:56 AM ET|By: Carl Surran, SA News Editor
Work on the underwater section of the TurkStream gas pipeline project will begin in H2 2017, Gazprom (OTCPK:OGZPY) chief Alexei Miller says.

Both underwater pipelines - one that will ship gas to the Turkish market and a second with gas destined eventually for Europe - are expected to come onstream by year-end 2019.

Gazprom says it signed a contract with Switzerland's Allseas Group to build the first stage of the pipeline.
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