“Brand “Turkish stream” was Dutch

The brand of “Turkish stream” – TurkStream – owned operator of the project – Dutch-based South Stream Transport B. V., said “Gazprom”.

PJSC “Gazprom”, the sole shareholder of South Stream Transport have commissioned an independent appraiser to determine the market value of exclusive rights of trademark according to 23 March 2018.

“Intended use of evaluation results for managerial decision-making on the matters of execution of civil transactions,” comments “Gazprom” to take the step.

Brand TurkStream registered in the Benelux countries, the Russian Federation and the world intellectual property organization.

Sea gas pipeline “Turkish stream” consists of two threads. Each string may provide for the transportation of natural gas in the amount of up to 15.75 billion cubic meters (31.5 billion cubic meters). The length of the offshore section is approximately 930 km Pipeline runs under the Black sea from the Russian Anapa to the Turkish settlement Kyukei. The gas supplied through line, intended for the Turkish market. The second leg will take place towards the borders of Turkey with the EU. The deepest part of the route of the “Turkish stream” in the Black sea is located at around 2200 meters.

It is expected that the transportation of gas “Turkish stream” will begin in December 2019.

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