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    Sputnik: Russian Gas Pipeline to Increase Energy Security of Greece

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Summary

Chief executive of Greek public gas corporation DEPA, Spiros Paleoyannis says Turkish Stream will ais EU energy security

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Press Notes

Sputnik: Russian Gas Pipeline to Increase Energy Security of Greece

Extending Russia’s Turkish Stream pipeline to Greece is beneficial for Athens as an additional source of gas will boost Greek energy security, Spiros Paleoyannis, chief executive of Greek public gas corporation DEPA, told Sputnik Thursday.

"If it would be Russian gas we will have a security of supply at an increased level," Paleoyannis said, adding that Russia has proven itself as reliable gas suppliers for Europe.

The Turkish Stream is a substitute for the South Stream pipeline project, which Moscow cancelled in December 2014, citing EU opposition. The Turkish Stream will cross the Black Sea and end with a gas hub on the Turkish-Greek border, from where it could flow to consumers in southern Europe.

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