Russia’s Gazprom Plans To Invest 182.4 billion Roubles In TurkStream In 2018

Russian gas giant Gazprom said on the 15^th January that it plans to invest 182.4 billion roubles (US$3.2 billion) this year in the TurkStream pipeline project and another 114.5 billion roubles in Nord Stream 2.

Moscow, dependent on oil and gas revenues, sees the pipelines to Turkey and Germany – TurkStream and Nord Stream 2 – as crucial to increasing its market share in Europe.