... difficult since a gas pipeline infrastructure has already been created in Europe, making Russian gas relatively inexpensive. Much will depend on whether Greece, Cyprus, and Israel will succeed in jointly building the
EastMed
gas pipeline meant to deliver gas from the Eastern Mediterranean to Greece. Theoretically,
EastMed
could be extended to other European states. It currently has a design capacity of 10 billion cubic metres, which may be increased by tapping the currently unexplored resources of the Eastern Mediterranean. This is a very ...
... Ukrainian transit, which is a purely political stance. It does not have any economic basis," he said, answering a question during an interview with RIA Novosti of why Brussels is not seeking to enhance cooperation with Russia on the Turkish Stream gas pipeline project through the Black Sea and Greece that bypasses Ukraine.
The European Union will not be able to continue providing Kiev with financial support if Ukraine announces default due to the EU's legislation, Vladimir Chizhov said.
"Yes, if a default is announced, they cannot continue ...
... legislation and, in addition to supplies of Russian gas, is planning on developing joint projects with other potential exporters of natural gas on the European markets, namely, Azerbaijan and Cyprus.
The negotiations did not touch upon the issue of Greece receiving discounts on Russian gas, although we cannot rule out the possibility that if construction of the Turkish Stream gets the green light, Greece will insist on lower prices in return for its participation in the project.
Contrary to predictions, the negotiations did not touch ...