Gazprom built the 1,200-km Blue Stream pipeline with Italy’s Eni and Turkey’s Botas.
Turkey is also set to become a major hub for oil from central Asia through the new BTC pipeline built by a BP-led group to the Mediterranean port of Ceyhan. Mr Medvedev said that Gazprom, which supplies a quarter of Europe’s gas, may direct future gas supplies to the US or to Asian countries, including China, if European leaders turn to competing suppliers. The Interfax news agency reported him as saying the company had already carried out a feasibility study on a new Black Sea pipeline that could have a capacity of between 8 and 16bn cum/yr.