• Natural Gas News

    Sputnik: Putin, Erdogan to Discuss Turkish Stream Impasse

    old

Summary

The current gridlock over the planned construction of the Turkish Stream gas pipeline may be broken when Russian and Turkish leaders meet in November.

by:

Posted in:

Press Notes

Sputnik: Putin, Erdogan to Discuss Turkish Stream Impasse

Negotiations between Russia and Turkey on the Turkish Stream natural gas pipeline project have been put on hold and a personal meeting between the two countries’ leaders may now be needed to kick-start the stalled process.

The meeting between Vladimir Putin and Prime Minister Recep Tayyip Erdogan may come as part of the Supreme Cooperation Council session scheduled to be held before the end of November in Kazan, Turkish Ambassador Ümit Yardim told RIA Novosti news agency in Moscow.

Ankara obtained a 10.25 percent price discount on the 28-30 billion cubic meters (bcm) of gas it buys from Russia, Turkish Energy Minister Taner Yildiz said in February, but the discount, which should have been in effect as of January 2015, still needs a final signature.

Read more HERE