00:40 GMT28 January 2021
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    Earlier in the day, the presidents held bilateral talks behind closed doors on the sidelines of the first European Games in Baku.

    MOSCOW (Sputnik) — Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan discussed major energy projects, including the Turkish Stream gas pipeline project, Kremlin spokesman Dmitry Peskov said Saturday.

    "[They] discussed in details the construction of a nuclear power station, outlined the existing issues. These are technical problems that always accompany large-scale construction projects. Different major projects in the energy dialogue have been discussed. [They] exchanged views on current key international issues, including Ukraine," Peskov told reporters.

    "The Turkish Stream [project] was discussed, as well as other functioning [gas pipeline] routes."

    The Turkish Stream is a substitute for the South Stream pipeline project, which Moscow dropped in December 2014, citing an "unconstructive" stance of the European Union.

    The same month, Russian energy giant Gazprom announced the construction of the Turkish Stream pipeline, which will run across the Black Sea from Russia to Turkey. The planned annual capacity of the pipeline is 63 billion cubic meters of gas, according to Gazprom. The pipeline is due to become operational in December 2016.

    Putin and Erdogan confirmed goal to reach a $100-billion turnover, Peskov added.

    "Mutual intention not to give up the earlier declared goal to reach a $100-billion turnover in foreseeable future was confirmed."

    The presidents exchanged opinions on mutual cooperation, particularly economic and trade issues, noting positive dynamic in the countries' relations, the spokesman added.

    The Turkish leader informed his Russian counterpart on the political situation in Turkey and perspectives of forming a new government following last week's general election, according to Peskov.


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    nuclear power plant, trade, Turkish Stream gas pipeline, Dmitry Peskov, Vladimir Putin, Recep Tayyip Erdogan, Turkey, Russia, Baku
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