Russia and Turkey about Possibility of Implementing Turkish Stream
Turkey confirmed its willingness to resume the dialogue with Russia on the construction of the gas pipeline Turkish Stream, said Vice-Premier of the Russian Government Arkady Dvorkovich on Tuesday, July 26, after talks in Moscow with the Turkish Deputy Prime Minister Mehmet Shimshek.
Dvorkovich said the prospects of the project will become clear after the meeting of Shimshek with the Russian Energy Minister Alexander Novak on Tuesday, Interfax reported.
“The Turkish Stream project is at an early stage, but the good will of the parties can move it fast enough," RIA Novosti quoted the Deputy Prime Minister.
In December 2014, Gazprom and the Turkish Botas signed a memorandum on the construction of the gas pipeline Turkish Stream (originally planned capacity was 63 billion cubic meters, and then it was reduced by half) via the Black Sea. It was supposed to replace the South Stream, which the European Union blocked. But this new project did not last long and was frozen in 2015 against a background of conflict between Russia and Turkey, because the Turkish military shot down a Russian bomber.
"We have always been open to dialogue on the Turkish Stream and are open to it now," the representative of Gazprom Sergei Kupriyanov said in June.
Russia and Turkey traditionally have associated energy interests. The deterioration of relations between the two countries had virtually no effect on the gas trade: Turkey is the second market for Gazprom after Germany. In 2015, Russia supplied 26.9 billion cubic meters to Turkey, which was 55% of its needs.
Recall that the project Turkish Stream was shelved after the EU refused to support it. This project involves the use of the European part of Turkey for the delivery of Russian gas and the distribution out to the Balkans and Western Europe.
Apparently, this will be one of the most important issues during the upcoming August 9 meeting of Putin and Erdogan. -02D-
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- Question-answer
- 26 July 2016 13:51
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- Difficult question
- 26 July 2016 15:17
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