Putin ratified the agreement on the «Turkish stream» to bypass Ukraine

The President of the Russian Federation Vladimir Putin signed the law on ratification of the intergovernmental agreement with Turkey on construction of the gas pipeline «Turkish stream».

According to «espresso», this is stated in the published document on the portal of legal information of Russia.

«To ratify the agreement between the Russian government and the government of the Turkish Republic on the project of the gas pipeline «Turkish stream», signed in Istanbul on 16 October 2016″, — stated in the order.

The Russian media writes that the pipeline will significantly reduce the risks associated with gas transit through the territory of Ukraine.

The official representative of the Russian Cabinet on this issue — Deputy Minister of energy of Russia Yuri Senturin said that the agreement «envisages the creation of a favourable legal and regulatory frameworks, including tax and customs regimes, for the design, construction and further operation of the pipeline».

He explained that «Turkish stream» is intended to supply Russian gas to Turkey, as well as to ensure the fulfilment of Russia’s obligations to supply gas to the territory of the member States of the European Union after 2019″.

Recall, 6 December 2016, the President of Turkey Recep Tayyip Erdogan signed the law on ratification of the agreement with Russia on construction of gas pipeline «Turkish stream». Before this December 2, the Turkish Parliament adopted the law on ratification of the agreement with Russia on the pipeline project «Turkish stream.»

The agreement provides for the construction of two lines of the main pipeline under the Black sea. We are talking about the construction of a gas pipeline through the Black sea to the European part of Turkey and further to the border with Greece. The length of the offshore part of the project should be about 910 km, the land part of the Turkish territory — 180 km, Total project cost was previously estimated at 11.4 billion euros.




Putin ratified the agreement on the «Turkish stream» to bypass Ukraine 08.02.2017

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Февраль 8th, 2017 by
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