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Russia, Turkey to Sign Agreement on Turkish Stream in Beginning of 2016

© AFP 2021 / ADEM ALTANA pressure valve is pictured at a natural gas control centre of Turkey's Petroleum and Pipeline Corporation
A pressure valve is pictured at a natural gas control centre of Turkey's Petroleum and Pipeline Corporation - Sputnik International
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Russia and Turkey will sign the intergovernmntal agreement on the Turkish Stream gas pipeline not earlier than in December, Russian Energy Minister Alexander Novak said Saturday.

Gaz pipeline - Sputnik International
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SOCHI (Sputnik) — "The Turkish government has not yet been formed, the signing of the intergovernmental agreement on the Turkish Stream [will take place] after the [general] elections, not earlier than in December-January [2016]," Novak told journalists.

Turkish President Recep Tayyip Erdogan called a snap general election on November 1, after parties that had won the majority of seats in the June election failed to form a coalition.

On Friday, Novak said a Russian delegation will soon arrive in Turkey to discuss the technical aspects of the final agreement on the Turkish Stream.

The Turkish Stream is a proposed gas pipeline with an annual capacity of 63 billion cubic meters, running from Russia to Turkey beneath the Black Sea. The pipeline is expected to continue to a hub on the Turkish-Greek border, from where it could be extended to southern Europe.

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