Russia, Turkey Sign Pipeline Agreement
Russia, Turkey Sign Pipeline Agreement

Russia, Turkey Sign Pipeline Agreement

Russia, Turkey Sign Pipeline Agreement

Russian state gas giant Gazprom said on Saturday it had signed a protocol with the Turkish government on a planned gas pipeline and agreed with Turkish firm Botas to end an arbitration dispute over the terms of gas supplies. The protocol concerned the land-based part of the transit leg of the TurkStream gas pipeline, which Gazprom said meant that work on it could now begin, Reuters reported. Turkey had delayed issuing a permit for the Russian company to start building the land-based segments of the pipeline which, if completed, would allow Moscow to reduce its reliance on Ukraine as a route for exporting gas to Europe. A source said in February the permit problem might be linked to talks between Gazprom and Botas about a possible discount for Russian gas. Turkish President Recep Tayyip Erdogan said earlier on Saturday Turkey and Russia had reached a retroactive agreement for a 10.25% discount on the natural gas Ankara buys from Moscow.


Short URL : https://goo.gl/Cmq9Ru
  1. https://goo.gl/MtkH1N
  • https://goo.gl/oUyNNJ
  • https://goo.gl/MrT6if
  • https://goo.gl/xrWSkW
  • https://goo.gl/jwnNbL

You can also read ...

Iran Parliament's Think Tank: Need to Cut Appetite of High Electricity Consumers
The Majlis Research Center says consumers who exceed...
Iran: Premium Gasoline Production Will Resume at 2 Major Refineries
Production of premium gasoline, marketed as "super", will...
Iran Oil Ministry: South Korea Making Contradictory Statements
South Korea has not purchased any petroleum products from Iran...

Add new comment

Read our comment policy before posting your viewpoints