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Erdogan ratifies agreement on Turkish Stream

Türkiye Materials 6 December 2016 09:50 (UTC +04:00)
Turkey’s President Recep Tayyip Erdogan has signed a law on ratification of the agreement with Russia on the Turkish Stream gas pipeline’s construction project, said a message posted on the website of Turkey’s Resmi Gazete (Official newspaper).
Erdogan ratifies agreement on Turkish Stream

Baku, Azerbaijan, Dec. 6

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Turkey’s President Recep Tayyip Erdogan has signed a law on ratification of the agreement with Russia on the Turkish Stream gas pipeline’s construction project, said a message posted on the website of Turkey’s Resmi Gazete (Official newspaper).

Turkey’s Grand National Assembly ratified the agreement on the Turkish Stream pipeline on Dec. 2.

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. The intergovernmental agreement also stipulates that these two offshore branches should be built by December 2019.

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