Russia and Turkey signed an intergovernmental agreement on the gas pipeline project "Turkish Stream", which implies the construction of two pipelines, according to RIA Novosti Ukraine.
Russia's Energy Minister Alexander Novak and Minister of Energy and Natural Resources of Turkey Berat Albayrak signed the agreement the in the presence of the heads of Russia and Turkey.
Earlier, the head of Public Joined Stock Company "Gazprom" Alexei Miller said the agreement involves the construction of two gas pipelines along the bottom of the Black Sea with the capacity of 15 billion 750 million cubic meters of gas each. One pipeline is provided to supply gas directly to the Turkish market, and the other one is transit through Turkey to Europe. The intergovernmental agreement indicates the deadline for the pipeline construction which is December 2019.
The Russian "Gazprom" and the Turkish Botas signed a memorandum of understanding on construction of gas pipeline "Turkish Stream" in December 2014. The pipeline will pass 660 kilometers in the old corridor "South Stream" and 250 kilometers in the new corridor in the direction of the European part of Turkey. The first pipeline will be entirely used to supply gas to the Turkish market. "Gazprom" has already received a number of permission from the Turkish authorities for the implementation of "Turkish stream" project.