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Turkey is Russia’s reliable partner in energy sector - Minister

Business Materials 22 December 2014 19:10 (UTC +04:00)
The Russian energy ministry considers Turkey as a reliable partner in the field of Russian energy supplies to Europe and hopes for fulfilling the agreements, Russian Energy Minister Alexander Novak said, RIA Novosti reported.
Turkey is Russia’s reliable partner in energy sector - Minister

Baku, Azerbaijan, Dec. 22

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The Russian energy ministry considers Turkey as a reliable partner in the field of Russian energy supplies to Europe and hopes for fulfilling the agreements, Russian Energy Minister Alexander Novak said, RIA Novosti reported.

"We have very good relations with Turkish partners, especially in the field of power engineering," Novak said in an interview with Russia 24 TV channel. "I am satisfied with our cooperation. We have reliable relations in drawing investments to Russia and Turkey. Of course, we hope that all agreements will be fully executed."

During the negotiations in Turkey Dec. 1, Russian President Vladimir Putin said that under current conditions, as well as due to the EU's unconstructive position, Russia couldn't continue the implementation of the South Stream project.

He said that Bulgaria has not yet permitted to include this project in its exclusive economic zone. Later, Gazprom head Alexey Miller said that the South Stream project is closed.

The minister recalled that he is a co-chairman of the Intergovernmental Russian-Turkish Commission for Trade and Economic Cooperation.

"The gas pipeline construction project through the Black Sea from Russia to Turkey is the main task," he said. "The specialists of the energy ministry and Gazprom, together with Turkish colleagues, are currently working."

"We are actively working on a feasibility study of the project," Novak said. "We believe that the new route is the promising direction through which energy will be supplied, in particular, gas to Europe."

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