ECONOMY
Russia, Turkey agree to start Turkish Stream gas deliveries in Dec 2016
Baku, May 8, AZERTAC
Russia and Turkey agree to start Turkish Stream gas deliveries in December, 2016. The agreement was signed by Miller and Turkish Minister of Energy and Natural Resources Taner Yildiz during a meeting
Miller and Yildiz have also discussed modernization of the existing Blue Stream gas pipeline.
In the first four months of 2015, Blue Stream delivered about 5.4 billion cubic meters of gas from Russia to Turkey, which is 4 percent more than in the same period of 2014.
"We have held a very constructive and important negotiations. An agreement between Russia and Turkey has been reached on operational commissioning and the start of gas deliveries via Turkish Stream in December 2016,” said Miller.
The pipeline with an annual capacity of 63 billion cubic meters will replace the South Stream, which was suspended over the EU’s stance on Russia.
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