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Turkish government ratifies agreement on Turkish Stream

World Materials 25 December 2016 12:46 (UTC +04:00)

Baku, Azerbaijan, Dec. 25

By Orkhan Quluzade – Trend:

The Turkish government has ratified the agreement on the Turkish Stream with Russia, said a message posted on the website of Turkey’s Resmi Gazete (Official newspaper).

Previously, the agreement was approved by the parliament and the Turkish president.

During the meeting on December 16, the Russian government also approved the ratification of the agreement on the Turkish Stream pipeline project with the Turkish government.

Russia and Turkey signed an intergovernmental agreement October 10 on the implementation of the Turkish Stream project. The agreement involves construction of two branches of the main gas pipeline under the Black Sea, the power of each branch being 15.75 billion cubic meters of gas.

One branch is provided to supply gas directly to the Turkish market, the other for the supply of gas by transit through Turkey to Europe.

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