The Turkish Stream deal can be signed by Russia and Turkey: Deal on Russia-Turkey gas pipeline 'nearly completed' - Anadolu

16:31 Oct. 9, 2016

Deal on Russia-Turkey gas pipeline 'nearly completed' - Anadolu

Russian President Vladimir Putin shakes hands with Turkish President Recep Tayyip Erdogan during a joint press conference, December 1, 2014 in Ankara, Turkey (Getty Images)

Russian energy minister says intergovernmental talks on Turkish Stream largely agreed

The final touches to the agreement to pipe Russian natural gas through Turkey should be completed when President Vladimir Putin meets his Turkish counterpart Recep Tayyip Erdogan in Istanbul on Monday, Russia's Energy Minister Alexander Novak said.

"All of us aim to finalize the works on this intergovernmental agreement when President Putin and President Erdogan meet on the sidelines of the World Energy Congress," Novak said.

Read also: Man and woman blow themselves up in Turkey

The project, announced by Putin during a December 2014 visit to Turkey, will carry gas from Russia under the Black Sea to Turkish Thrace. One line, with a 15.75 billion cubic meters capacity, is expected to supply the Turkish market with a second carrying gas to Europe.

Negotiation over the pipeline was halted after Turkey shot down a Russian jet over the Turkey-Syria border in November last year but has since resumed.

Read also: Friendship with Turkey "conditional": Kremlin reacts to Erdogan's words on Crimea

Last month, Gazprom said construction could start by the end of 2017 if an intergovernmental agreement was signed in October, with the goal of completing the pipeline by 2019.

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