The TurkStream and Nord Stream 2 gas pipelines, when fully loaded, could increase Gazprom's EBITDA by more than $1.5 billion a year, Deputy Chairman of the Russian energy giant's Management Committee Famil Sadygov told reporters Thursday
MOSCOW (Pakistan Point News / Sputnik - 12th December, 2019) The TurkStream and Nord Stream 2 gas pipelines, when fully loaded, could increase Gazprom's EBITDA by more than $1.5 billion a year, Deputy Chairman of the Russian energy giant's Management Committee Famil Sadygov told reporters Thursday."The launch of the TurkStream and Nord Stream 2 gas pipelines will also have a positive effect on Gazprom Group's EBITDA. With these gas pipelines fully loaded, additional EBITDA may exceed $1.5 billion in annual terms due to lower transportation costs," Sadygov said.