15:44 Jul. 26, 2016
Ankara and Moscow reportedly resume TurkStream pipeline negotiations
Turkish President Recep Tayyip Erdogan will visit Russia's Saint Petersburg on August 9.
This was stated by Turkey's Deputy Prime Minister Mehmet Simsek, Anadolu reported. According to him, Erdogan's visit programme includes a meeting with his Russian counterpart Vladimir Putin.
This is the first time Erdogan visits Russia since November 2015, when relations between the two countries sharply deteriorated over the Russian Su-24 jet downed by Turkish Air Force over Syrian territory.
Also, media report that Turkey and Russia may resume negotiations on the construction of the TurkStream gas pipeline in the nearest future. The project was frozen after the tensions between Ankara and Moscow rose following the downing of the Russian fighter jet.
The Turkish party confirmed they are open to discuss TurkStream, Energy Ministers of both countries held consultations on the project on July 26, Russia's Deputy Prime Minister Arkady Dvorkovich told journalists, RIA Novosti reported.
In 2014 the Kremlin aborted the USD 40 billion South Stream gas pipeline, in the face of EU objections. The planned route passed under the Black Sea and through Bulgaria, therefore bypassing Ukraine.
Russia's planned Nord Stream pipeline to Germany also looks doomed after a group of 10 European governments published a letter saying the project ran counter to European Union interests and risked destabilizing Ukraine.