Turkish Stream gas pipeline: Moscow & Ankara signed agreement in Istanbul
An intergovernmental agreement on the Turkish Stream pipeline has been signed in Istanbul in the presence of both Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan, who held talks earlier.
Moscow and Ankara are moving forward with plans to create a major energy hub in Turkey, Putin said at the press conference following the signing of the agreement.
Earlier on Monday, Gazprom CEO Alexey Miller said that the Turkish Stream project agreement envisioned the construction of two pipeline branches, each with a capacity of 15.75 billion cubic meters (bcm).
The first branch will supply gas directly to Turkey, while the second is to be used to deliver gas to European countries through Turkey, he explained.
“The intergovernmental agreement would also define the deadline by which the two maritime threads are to be built. It’s December 2019,” Miller said.
During his speech at the 23rd World Energy Congress earlier on Monday, Putin said that he and President Erdogan had thoroughly discussed the joint Turkish Stream pipeline ahead of the visit, saying they “intend to implement” the project.
INC News, 10/10/2016 - source: © RTNews
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