Russia Plans to Sign Deal on Turkish Stream Gas Pipeline in October

Russia Plans to Sign Deal on Turkish Stream Gas Pipeline in October

On August 10, Gazprom's project management department official Anatoly Fayantsev said that the energy giant was willing to sign an intergovernmental agreement on the Turkish Stream with Turkey and was planning to update a roadmap for the project.

"At the moment, the coordination of the intergovernmental agreement and the roadmap, the process of development of a final text are ongoing. We are planning to be able to sign [the accord] in October," Novak told RIA Novosti, answering a question about the agreement of the roadmap and the date of sealing the intergovernmental deal on the Turkish Stream project. The Turkish Stream project, which was planned to bring Russian gas via the Black Sea into Turkey and southern Europe, was suspended after a Russian Su-24 aircraft was downed by a Turkish F-16 fighter in Syria on November 24, 2015. In June, following Turkey's apology to Russia for the November incident, the sides began a reconciliation process.

 

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