Gazprom, Turkey agree on TurkStream Europe-oriented onshore section
Tuesday, May 29, 2018
Gazprom and the Government of the Republic of Turkey have signed a Protocol on the onshore section of the transit string of the TurkStream gas pipeline. The string will deliver Russian gas to European consumers. As a follow-up to the Protocol, Gazprom and Botas inked an Agreement detailing the terms and conditions of the construction work. With the documents signed, the parties will be able to start implementing the project. The onshore section will be built by TurkAkim Gaz Tasima A.S., a joint venture that will be established on equal terms.

Documents signed for TurkStream’s Europe-oriented onshore section

In addition, Gazprom Export and Botas signed documents to settle out of court the ongoing arbitration dispute on the contract terms of Russian gas supplies to Turkey. The arbitration will be resolved shortly.

Documents signed for TurkStream’s Europe-oriented onshore section

For more information, please visit: http://www.gazprom.com

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