ECONOMY
Gazprom to discuss Turkish Stream resumption on August 31
Baku, August 30, AZERTAC
Gazprom will hold talks about resumption of the Turkish Stream project in Turkey on August 31, Deputy CEO of Gazprom Alexander Medvedev told TASS.
"They (the talks - TASS.) are actually under way, this process began at the meeting of Turkish Economy Minister with Russia’s Energy Minister. They agreed on resumption of the project. Alexei Miller’s visit to Turkey and his meeting with his vis-a-vis are scheduled for tomorrow. I'm also going there, the process is actually going on," he said.
On August 9, Turkish President Tayyip Erdogan and Russian President Vladimir Putin met in St. Petersburg. After those talks it was decided to resume work on the Turkish Stream project, to set up a working group and to work a road map.
In December 2014, Putin announced the termination of the South Stream project following disagreements with the EU. Brussels insisted that the project should comply with the so-called Third Energy Package, although it is not part of the intra-European gas infrastructure.