“Russia and Greece are to sign a memorandum of cooperation on the construction of a new pipeline in the Turkish Stream project which will deliver Russian gas to Europe via Greece, according to the Greek energy minister.  The minister said that Athens expected to ‘receive significant financial dividends for the pipeline’s operations,’ and that the pipeline will bring ‘extremely important profits to Greece, first of all, cheaper gas.’ Currently Russian gas covers 66 percent of Greece’s energy needs.  The Turkish Stream gas pipeline could help Greece become one of the main energy distribution centers in Europe, Russian President Vladimir Putin said during his meeting with the Greek delegation.”

http://rt.com/business/248629-greece-russia-memorandum-pipeline/

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