ATHENS: Greece could generate revenue of €500 million euros ($539 million) a year from it, a Greek government official said. The energy route would start operating in 2019, Said Putin.
Putin’s alternative to the $45 billion South Stream project is building a pipeline to Turkey and then shipping gas overland to Greece and on to the rest of Europe. He and Tsipras discussed the so-called Turkish Stream project.
“This new route would cover Europeans’ energy resource needs and enable Greece to become one of the continent’s main energy distribution centers, which would attract substantial investment in the Greek economy and create new jobs,” Putin said. “Ultimately, of course, this is a matter for our economic organizations and a sovereign decision for the Greek government.”