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Putin stresses importance of Akkuyu NPP, Turkish Stream for European energy security

April 09/ 12:10

Moscow. The Akkuyu nuclear power plant and the Turkish Stream gas pipeline will become the most important components of regional and European energy security, Russian President Vladimir Putin told a press conference following talks with Turkish President Recep Tayyip Erdogan.

"Both of these projects - the Akkuyu nuclear power plant and the Turkish Stream - meet the highest environmental and technological requirements and standards and will become the most important components in ensuring regional and European energy security," Putin said.

The Russian leader recalled that the first Akkuyu block will be launched in 2023, by the 100th anniversary of the Republic of Turkey, informs TASS.

As for the Turkish Stream, its construction is going in compliance with the schedule, and by the end of this year, Turkish consumers will start receiving the Russian gas supplied via this pipeline.

"In the future, after the expansion of the Turkish Stream capacity and the construction of its second branch, gas will be supplied in transit to Europe," Putin said.

Akkuyu NPP

The Akkuyu NPP is the project for construction of the first NPP in Turkey, which is implemented on the basis of the intergovernmental agreement signed between the Russian Federation and the Republic of Turkey in May 2010. VVER-1200 power units of Akkuyu NPP are based on Generation 3+ technologies that are the most modern technologies with enhanced safety systems meeting all existing requirements. When the construction of the Akkuyu NPP with an installed capacity of 4,800 MW is completed, it will generate about 35 bln kWh electricity per year.

Turkish Stream

The Turkish Stream project envisages the construction of a gas pipeline across the Black Sea to the European part of Turkey and farther to the border with Greece. Gas deliveries via the first stretch of the gas pipeline are designed to meet the requirements of the growing Turkish market, while the second stretch is planned to deliver gas to the countries of Southern and South-Eastern Europe. Gazprom views Greece, Italy, Bulgaria, Serbia and Hungary as potential markets. Each line will have a capacity of 15.75 bln cubic meters of gas per year. First supplies are planned for the end of 2019.

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