Russia could give Greece advance funds for future gas project: Greek official

Russia is considering soon giving Greece funds based on future profits Athens could earn from shipping Russian gas to Europe as part of an extension of the Turkish Stream pipeline, a Greek government official said on Wednesday. The extension to Turkish Stream, which has yet to be finalised and would take Russian gas from Turkey to Europe via Greece, might also mean Athens would pay less for Russian gas, the official said. Greek Prime Minister Alexis Tsipras voiced interest in the project in talks with Russian President Vladimir Putin in Moscow on Wednesday. Tsipras' government, at loggerheads with its euro zone and International Monetary Fund creditors, risks running out of money within weeks unless it can reach a new cash-for-reform deal.

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