Go to mediabankKazachya compressor station. File photoMOSCOW, Oct 19South Stream Transport B.V., operator of Turkish Stream, has received a notification from the Dutch authorities to renew its export license, the company said. Earlier Wednesday, Hungarian Foreign Minister Peter Szijjártó said the Netherlands returned the export license to South Stream Transport B.V.Erdogan announced an agreement with Putin on the gas hub»On Monday, October 17, 2022, South Stream Transport B.V. received a notification from the authorities of the Netherlands to extend the export license,» the operator said in a statement. The license exempts paragraphs 1 and 2 of the article from prohibitions 3 of EU Regulation 833/2014 (as amended to include new sanctions restrictions), the company explains. According to these clauses, the supply of goods and the provision of services, in particular technical support and maintenance, in Russia, including in its exclusive economic zone and continental shelf, is prohibited. The Turkish Stream operator, South Stream Transport B.V., registered in the Netherlands, said earlier that new EU sanctions on September 18 led to the early revocation of the export license from the company. However, he assured that supplies through the pipeline would not be affected, and said that he had applied for the renewal of the license, since it is important for Europe's energy security. «Turkish Stream» is a gas pipeline from Russia to Turkey through the Black Sea. The design capacity is 31.5 billion cubic meters of gas per year. Gas is supplied via Turkish Stream to Turkey and transit through Turkish territory to the countries of Southern and South-Eastern Europe. The gas pipeline now remains the only route for uninterrupted supplies of Russian gas to the European market.
