Middle East Economic Survey

VOL. LIII

No 24

14-Jun-2010

CASPIAN

Putin Questions Viability Of Blue Stream Expansion

Russian Prime Minister Vladimir Putin said during a visit to Istanbul on 7 June that the expansion of the Blue Stream gas system through the construction of an additional 8 bcm/year capacity pipeline has become less likely, given Israels decision not to become a customer after the discovery of the Tamar offshore gas field in 2009. Mr Putin told reporters that, even though the plan to...