The contract on construction of “Turkish stream” can be signed in Istanbul is True.Ru

At the meeting of the intergovernmental Russian-Turkish Commission on trade-economic cooperation, to be held 10-12 October in Istanbul, can be signed the agreement between Moscow and Ankara on the project “Turkish stream.” About it in interview to the newspaper Hürriyet said the Minister of energy of Russia Alexander Novak.

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“the Draft agreement is ready. For decision on several remaining issues, the Russian side is conducting intensive contacts with the Turkish. There is a chance for the signing of the agreement,” he said.

According to the Minister, through the implementation of the project “Turkish then” and NPP “Akkuyu” is the shortest way for the normalization of relations between Russia and Turkey. “If we want to trade and economic relations between us were larger, then the shortest path to achieve the goals we want to achieve, is through the completion of these projects”, – said Alexander Novak.

He recalled that in 2014, the trade turnover between the two countries had reached us $ 35 billion. At the same time for the first eight months of this year, for obvious reasons declined compared to the same period last year by 40%, said Novak, adding that bilateral trade was negatively impacted by other factors, including the decline in energy prices on world markets.

According to the Minister, the parties accelerated the negotiations on the project “Turkish stream”, the finale of which is the signing of the intergovernmental agreement and preparation of the roadmap for the project. Novak noted that the first phase is planned to build two of the four thread pipeline. On one of them to Turkey to meet its needs year will come 15.75 billion cubic meters of gas. The same volumes of gas to be pumped to Europe on the second line.

“To give it the final form of the agreement between us in ministries of energy of the Russian Federation and Turkey was established working groups,” said Novak, adding that in the same way is the situation with the construction of the first Turkish nuclear power plant.

“For the start of construction authorization. The first reactor is planned to put into operation seven years after the start of construction of nuclear power plants. NPP project Accupressure investments in $ 20 billion in 35-40% of these investments will be used by Turkish companies,” – continued the Minister of energy of the Russian Federation.

Novak added that the Turkish side is doing everything possible to expedite the process of project implementation. In particular, changes in local legislation, allowing in the shortest terms to start the construction of the station.

Recall, December 1, 2014 Gazprom and Turkish company Botas signed a Memorandum of understanding on construction of gas pipeline “Turkish stream”, which became an alternative to the gas pipeline “South stream”.

it was Planned that the offshore section of Turkish stream will consist of four lines with capacity of 15.75 billion cubic meters each. The total project cost was estimated at 11.4 billion euros. The supply of gas through the first pipeline entirely designed to meet the needs of the growing Turkish market.

subsequently, However, negotiations on the project were suspended, including, because of the crisis in bilateral relations. To resume work on “Turkish stream, it was decided after a conversation of Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan, held in August 2016 in St. Petersburg.

Add, Turkey is the second largest market for Gazprom after Germany. In 2014, Gazprom exported to Turkey 27.4 billion cubic meters of gas.

In Europe believe that Turkey is interested in cheap gas from Russia and can continue to put the EU new conditions. The source notes that in this regard, the negotiations between Vladimir Putin and Recep Tayyip Erdogan will be under the scrutiny of Europe.

October 10, Russian President Vladimir Putin will visit Turkey to meet with Recep Tayyip Erdogan. During the meeting participants discussed topical issues in Russian-Turkish relations. In addition, the Russian leader will speak at the world energy Congress. This was previously reported to journalists by the assistant to the President Yuri Ushakov.

Where is “Turkish stream”?