General Announcement::New Blue Stream's capacity

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 02-Oct-2014 19:41:26
Status: New
Announcement Sub Title: New Blue Stream's capacity
Announcement Reference: SG141002OTHRQLYS
Submitted By (Co./ Ind. Name): Yulia Matveeva
Designation: Senior Executive Director
Effective Date and Time of the event: 01/10/2014 17:00:00
Description (Please provide a detailed description of the event in the box below): Moscow hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Taner Yildiz, Minister of Energy and Natural Resources of the Republic of Turkey. Moscow hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Taner Yildiz, Minister of Energy and Natural Resources of the Republic of Turkey. It was agreed to load Blue Stream with Russian natural gas to full capacity as soon as possible in order to satisfy the growing demand of Turkish consumers. In this regard, it was pointed out that the volumes of Russian natural gas supply to Turkey would hit a historic record this year 30 versus last year s 26.6 billion cubic meters. The meeting agreed to boost Blue Stream s capacity from 16 to 19 billion cubic meters a year and to carry out the relevant work. The Beregovaya CS in Russia and the Durusu receiving terminal in Turkey will be upgraded for this purpose.

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