05:20 GMT +328 September 2016
Construction of pipeline from GDS on Russian island

Russia, Turkey May Finalize Turkish Stream Project Preparation by Mid-October

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Russia and Turkey could coordinate by mid-October the draft of intergovernmental agreement on the implementation of the Turkish Stream gas pipeline project, Russian Energy Minister Alexander Novak said Tuesday.

ALGIERS (Sputnik) — The Turkish Stream project, which envisions bringing Russian gas via the Black Sea into Turkey and southern Europe, was suspended after a Russian Su-24 aircraft was downed by a Turkish F-16 fighter in Syria on November 24, 2015.

"I hope that by mid-October, may be even a bit earlier, we will prepare a coordinated draft of the intergovernmental agreement," Novak said in an interview with Rossiya 24 television.

In June 2016, following Turkey's apology to Russia for the November incident, the sides resumed the preparation for signing an agreement on the implementation of the project.

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