Russia’s Gazprom expects agreement on Turkish Stream pipeline in October

16 Sep 2016   Pipelines, Russia, Turkey

Gazprom Deputy CEO Alexander Medvedev speaks during an interview at the Reuters Russia Investment Summit in Moscow, Russia, September 15, 2016. Russia’s Gazprom expects Russia and Turkey to sign an agreement next month that will allow construction of the offshore section of the Turkish Stream gas pipeline to start in late 2017, Deputy CEO Alexander Medvedev said. “We expect that, not later than the World Energy Forum in Istanbul at the start of October, these documents will be ready and … Russia and Turkey can sign the intergovernmental agreement on Turkish Stream,” Medvedev told the Reuters Russia Investment Summit. “If the intergovernmental agreement is signed in October it would allow us to start construction at the end of 2017, with an aim to complete it by 2019 – as scheduled.” Talks on the project were halted last year after Turkey shot down a Russian air force jet and Russia […]

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