The permit stipulates that investigations for placement on the first offshore string will be conducted within the exclusive economic zone and territorial waters of Turkey.
The offshore section of Turkish Stream will have four strings, each with capacity of 15.75 billion cu m/year. Natural gas from the first string is intended for the Turkish market.
Last December, Gazprom and Botas Petroleum Pipeline Corp. signed a memorandum of understanding for the construction of the Turkish Stream system from Russia across the Black Sea. Some 660 km of the pipeline will be within a corridor intended for the cancelled South Stream pipeline (OGJ Online, Dec. 2, 2014).