Putin: “Turkish stream” does not lose momentum, it takes time to work through

Putin: “Turkish stream” does not lose momentum, it takes time to work through


Such a large-scale project “Turkish stream” can not be agreed overnight, according to the President of the Russian Federation Vladimir Putin. For its realization it is necessary to solve many legal, technical and economic, technological, and organizational issues.

MOSCOW, 13 Nov. The project of construction of gas pipeline “Turkish stream” does not lose momentum, it fully meets the interest of Russia and Turkey, but its elaboration required the time, said the President of the Russian Federation Vladimir Putin.

“I cannot agree with Your opinion that “Turkish stream” is losing momentum. Such an ambitious project cannot be worked out and agreed at once. Too many legal, technical and economic, technological, and organizational issues, including the number of pipelines taking into account real needs in terms of procurement and pumping gas, to solve together with our Turkish colleagues,” Putin said in an interview to mass media of the Russian Federation and Turkey.

The President of the Russian Federation noted that the better the quality will be worked out with all these aspects, the faster, with less risk and the cost of resources, the project will be implemented.

“It is important that the project fully meets the interests of Russia and Turkey. We are in this together with my Turkish counterpart Recep Tayyip Erdogan,” — said Putin.

The project “Turkish stream” involves construction of a pipeline from Russia to Turkey across the Black sea. Construction was scheduled to begin in June, but the project is still under discussion. Energy Minister Alexander Novak said on Thursday that Russia is ready at any time to continue discussions on the intergovernmental agreement with Turkey on the “Turkish stream”. He reminded that Russia is waiting for the government formation in Turkey, with which it will be possible to negotiate the intergovernmental agreement.

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. In October the head of “Gazprom” Alexey Miller said that the company believes the only realistic construction of two pipelines with a total capacity of up to 32 billion cubic meters of gas per year.