USD ЦБ — 63,58 -0,15
EUR ЦБ — 70,39 -0,12
Brent — 64,30 +0,17%
December, Wednesday

Subscribe

e-mail:

Question of the week

Will the russian Turkish stream be launched, or an apology to Erdogan is not enough?

poll archive

News // Russia

Erdoğan and Putin attended the completion ceremony of the offshore section of the TurkStream

20 November 2018 , 10:10Neftegaz.RU510

 

Istanbul, November 20 - Neftegaz.RU. Russia’s President Vladimir Putin and Turkish President Recep Erdogan have marked the completion of a key phase of TurkStream, a natural gas pipeline connecting the 2 countries. 

 

«For us, Russia is a friend we can have long term cooperation with and is an important natural gas supplier,» the president said, speaking at the ceremony. He identified that this project is one of the outcomes of a «tested friendship» throughout many years and said Turkey has never judged its relations with Russia over «impositions of other countries.» 

 

 «Countries’ decisions as to how to obtain natural gas in accordance with their own circumstances must be respected. Pressure, which will violate states’ sovereign rights and prevent them from serving their citizens, will benefit no one,» said Erdoğan. «I believe our solidarity with Putin and the Russian people will be foreshadowing of bigger projects,» the president said.
 
 

 The project has many advantages not only for Turkey, but also for the region and neighboring countries, he said. «Turkish Stream is a project of historic proportions for our bilateral relations and for energy geopolitics in our region, on which we have exerted great efforts with our Russian friends,» Erdoğan said.

 

 Putin, for his part, said the Turkish president had offered to name the pipeline «Turkish Stream» and added that the most difficult part of the project had been completed. Such an important project would not be realized unless parties had confidence, the Russian president said. He thanked Erdoğan for his «political will and courage» and the Turkish Parliament for immediate permission for Turkish Stream.
 
 

TurkStream and the Akkuyu NPP will be symbols of the development of relations between Turkey and Russia, he said, noting that his country wants to reach a $100 billion bilateral trade volume with Turkey.

 

Turkey relies on imports for its energy needs and Russia is its top supplier for natural gas. 

 

To read the article in Russian.

 

Comments

No comments yet.

Post a comment