Natural Gas Daily Former Soviet Union Pipelines, Storage & Power
Russia-Turkey tensions fail to derail Turkish Stream10 February 2017
Plans for the Turkish Stream pipeline have stayed on course, despite several recent gas-related spats between Russia and Turkey. Russian President Vladimir Putin signed a law ratifying the agreement for the project on Tuesday, after Turkey did the same in December.
Gas pricing has long been a topic of contention between the two countries and has set back Turkish Stream in the past. Turkey’s Botas has said Russia offered a 10.25% discount on its gas, but the deal was never signed. It launched international arbitration proceedings against Gazprom in October 2015, which halted planning for Turkish Stream.
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