Special Envoy of the US State Department for energy matters Amos Hochstein will meet with the Greece's Minister of Foreign Affairs and Minister of Productive Reconstruction, Environment and Energy on Friday to discuss an alternative to Russia's Turkish Stream Pipeline project, the press services of those ministries told RIA Novosti.
Russian President Vladimir Putin said on Thursday that Russia is willing to finance the construction of the Turkish Stream pipeline through Greece. Putin said in April that by joining the project Greece could become one of the main power distribution centers in Europe and earn hundreds of millions of euros a year from gas transit fees.
"The meeting, which will take place at Hochstein's initiative will begin at 9:30, energy topics which present a mutual interest will be discussed," the press service of the energy ministry told RIA Novosti.
The US Energy Secretary Ernest Moniz previously said that the US is planning on presenting Greece with an alternative pipeline from Azerbaijan. According to Greek Foreign Minister Nikos Kotzias, the pipeline would include Bosnia and Albania.
'No One in the World'
The Russian offer and planned US counter-offer come less than a day after German Finance Minister Wolfgang Schaeuble said that Greece should not look to China or Russia for a solution to its debt crisis.
"No one in the world is ready to even partially solve Greece's problems," Schaeuble said on Wednesday.
The country's Finance Minister Yanis Varoufakis said that the country will make good on the payment.