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Novak: Turkish Stream gas pipeline deal almost complete

Oil&Gas Materials 10 October 2016 11:23 (UTC +04:00)
The final touches to the agreement to pipe Russian natural gas through Turkey should be completed when Russia’s President Vladimir Putin meets his Turkish counterpart Recep Tayyip Erdogan in Istanbul on Oct.10.
Novak: Turkish Stream gas pipeline deal almost complete

Baku, Azerbaijan Oct.10

By Leman Zeynalova – Trend:

The final touches to the agreement to pipe Russian natural gas through Turkey should be completed when Russia’s President Vladimir Putin meets his Turkish counterpart Recep Tayyip Erdogan in Istanbul on Oct.10, Russia’s Energy Minister Alexander Novak said.

Novak told the Anadolu Agency that the wording of the Turkish Stream intergovernmental agreement had largely been agreed.

Turkish Stream project, which involves the construction of a gas pipeline from Russia to Turkey through the Black Sea, was frozen after the relations between Moscow and Ankara deteriorated in November 2015. In August 2016, the presidents of two countries Vladimir Putin and Recep Tayyip Erdogan agreed to resume the implementation of the Turkish Stream project.

"All of us aim to finalize the work on this intergovernmental agreement right by the meeting of President Putin and President Erdogan on the sidelines of the World Energy Congress," Novak said.

The 23rd World Energy Congress kicked off in Turkey’s Istanbul city Oct.9 and will last till Oct.13.

Running since 1924, the triennial World Energy Congress is the World Energy Council’s global flagship event that enables dialogue among ministers, CEOs and industry experts on critical developments in the energy sector.

As the world’s premier energy gathering, the Congress offers a unique opportunity for participants to better understand energy issues and solutions from a global perspective.

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