Russia Sends Intergovernmental Agreement to Turkey on Stream Pipeline

  28 July 2015    Read: 954
Russia Sends Intergovernmental Agreement to Turkey on Stream Pipeline
According to a Russian Energy Ministry source, Russia has prepared and dispatched an intergovernmental agreement to Turkey on the first thread of the Turkish Stream gas pipeline project to deliver fuel to Southern Europe.
Russia has prepared and dispatched an intergovernmental agreement to Turkey on the first thread of the Turkish Stream gas pipeline project to deliver fuel to Southern Europe, a Russian Energy Ministry source said Tuesday.

“We have sent [the intergovernmental agreement] on the first thread…The Russian side has prepared its proposals on the first thread of the Turkish Stream and has sent it to the Turkish side,” the source told journalists.

The source said the agreement was sent several weeks ago and added that the remaining legs of the pipeline will be covered in separate intergovernmental agreements.

The Turkish Stream is a proposed pipeline that will run from Russia to Turkey across the Black Sea, from where it will extend through Greece to southern Europe. It is expected to become operational in December 2016.

The pipeline is a substitute for the South Stream project, which Moscow canceled in December 2014, over non-constructive diplomatic and regulatory actions by the European Union.

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