13:57 GMT26 November 2020
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    Moscow is ready to implement the infrastructure projects on the Turkish Stream gas project, Russian Energy Minister Alexander Novak said Thursday.

    MOSCOW (Sputnik) — The Turkish Stream gas pipeline, with an annual capacity of 63 billion cubic meters, was announced in December 2014. The pipeline was expected to run below the Black Sea from Russia to Turkey and continue to a hub on the Turkish-Greek border, from where gas could be transferred to Southern Europe.

    "On the Turkish Stream, we are ready to implement the relevant infrastructure projects for laying a gas pipeline under the Black Sea. We are talking about whether our Turkish… and European partners are ready to implement these projects," Novak told reporters.

    The project was suspended in late 2015 amid the deterioration of Moscow-Ankara relations after Turkey downed a Russian Su-24 jet in November 2015.

    Earlier on Thursday, Russian President Vladimir Putin signed a decree authorizing partial lifting of the the sanctions imposed against Turkey following the November incident.

    Related:

    Too Early to Discuss Resumption of Turkish Stream Project - Kremlin
    Turkish Stream 'Highly Ready' for Project Financing - Gazprom
    Gazprom Open for Resumption of Talks on Turkish Stream Project
    Tags:
    Turkish Stream gas pipeline, Alexander Novak, Turkey, Russia
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