It is ahead of schedule due to EU sanctions. The Netherlands, in another colonial operation after Nicaragua, broke diplomatic relations with them
South Stream Transport: license revoked from Turkish Stream operator due to EU sanctions.
The restrictive measures of the European Union, which came into force on September 18, led to the early revocation of the export license from the Turkish Stream operator South Stream Transport BV
The authorities of the Netherlands sent official notification of this. It is clarified that restrictive measures prohibit the supply of goods to Russia and the provision of services. And, in particular technical assistance and maintenance.
“As a result of the introduction of new sanctions, on September 18, 2022, the export license of South Stream Transport BV, the operator of the Turkish Stream offshore gas pipeline, through which Russian gas is transported through the Black Sea to consumers in Turkey and European countries, was prematurely revoked”
However, the restrictions do not restrict the further transport of the gas. Based on this, the fuel supply of various industries and millions of households in Turkey and European countries will not be affected in the short and long term, the operator stressed.
The company has already applied for the renewal of the export license. It is awaiting a response from the Dutch authorities. South Stream Transport BV said that they have every legal basis to receive an exception under the current sanctions regulation of the European Union. This is explained by the fact that the gas transported via the Turkish Stream is subsequently delivered to European countries through national gas transmission systems. It is thereby helping to ensure their energy security.
Turkish Stream is an export pipeline consisting of two lines. One is designed to supply gas from Russia through the Black Sea to Turkey. The second is for the countries of Southern and Southeastern Europe. Its design capacity reaches 31.5 billion cubic meters annually. The operation of the gas pipeline began in January 2020.