JOINT ENERGY PROJECT OF RUSSIA, TURKEY AND ITALY

14.11.2005 [17:57]
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On November 17, the city of Samsun, Turkey, will host opening ceremony of Blue Stream gas pipeline project and the Heads of three countries will sign corresponding records on joint energy project. Russian President Vladimir Putin, Italian Prime Minister Silvio Berluskoni and Turkish officials will attend the ceremony.

Under the terms of Russian-Turkish intergovernmental agreement signed on December 15, 1997, there was started construction of gas pipeline between two states at the extension of 1213 km, and since 2003 gas from Russia to Turkey has been transporting. Planned production capacity of pipeline is 16 bln. cubic meters per year. Blue stream pipeline with 373 km passing via the territory of Russia, 396 km through the bottom of the Black Sea and at 444 km from Samsun to Ankara, expected to run from Turkey to Italy.

As agreed, for the period of 25 years Russia will provide Turkey with gas to the amount of 3,5 bln USD.

JOINT ENERGY PROJECT OF RUSSIA, TURKEY AND ITALY

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