Novak hopes that the document on “Turkish stream” will agree prior to January


The project “Turkish stream” involves construction of a pipeline from Russia to Turkey across the Black sea. If Moscow and Ankara agree on the intergovernmental agreement before the end of 2015, it will be a good result, said the head of Ministry Alexander Novak.

MOSCOW, 27 Jan. Minister of energy Alexander Novak considers that, if an intergovernmental agreement with Turkey on the “Turkish stream” will be negotiated before the end of the year, it will be a good result.

“The first of November-only election to representative bodies, then the government will be formed, will take some time. At best, I think, if the New year will turn out to conform the text of the intergovernmental agreement. This, I believe, will be a good result,” said Novak.

Earlier head “Gazprom” Alexey Miller said that Gazprom considers realistic construction of only two branches of the gas pipeline “Turkish stream” under the Black sea to Turkey with a total capacity of up to 32 billion cubic meters of gas per year. The text of the intergovernmental agreement with Turkey on construction of the first leg, he said, has already practically agreed.

Initially it was assumed the construction of four pipelines in of 15.75 billion cubic meters each, with a total capacity of 63 billion cubic meters per year. The project “Turkish stream” involves construction of a pipeline from Russia to Turkey across the Black sea. Gas first line entirely designed for the Turkish market, the remaining volume will be displayed on the Turkish-Greek border, where it is planned to build a gas hub. Construction was scheduled to begin in June, but the project is still under discussion.