Gas transportation on both lines of the Turkish Stream gas pipeline will be suspended from June 21 to 28

AK&M 20 June 2022 10:46

The planned annual maintenance of the Turkish Stream will take place from June 21 to 28. Gas transportation along both lines of the Turkish Stream gas pipeline will be temporarily suspended during this period. The suspension of gas transportation has been agreed upon by all interested parties in advance. This is reported by Gazprom.

Turkish Stream is an export gas pipeline from Russia to Turkey through the Black Sea. The design capacity is 31.5 billion cubic meters of gas per year. The Turkish Stream is intended for gas supplies to Turkey and to the countries of Southern and Southeastern Europe in transit through Turkish territory.

PJSC Gazprom (TIN 7736050003) is the world's largest gas company. The authorized capital of Gazprom is 118.367 billion rubles. Issued 23673512900 ordinary shares with a par value of 5 rubles. The number of Gazprom shareholders in Russia and abroad is several hundred thousand. Over 50% of the company's shares are under the control of the Russian Federation. The depository of the ADR Gazprom program is The Bank of New York Mellon.

Gazprom's profit under IFRS for 2021 amounted to 2.16 trillion rubles. compared with 162.4 billion rubles a year earlier. EBITDA increased by 151% to RUB 3.68 trillion. Net revenue from gas sales increased by 85% to RUB 5.65 trillion from RUB 3.05 trillion. Net revenue from the sale of oil and gas processing products increased by 44% to 2.59 trillion rubles. Net revenue from the sale of crude oil and gas condensate increased by 81% to 882.15 billion rubles.