Russian-Turkish relations in energy sector rise to strategic level — Putin

 

 Russian-Turkish relations in the energy sector have raised to strategic level, Russian President Vladimir Putin said after talks with his Turkish counterpart Recep Tayyip Erdogan.Russia will increase gas supplies to the Turkish market by 3 billion cubic meters under the Blue Stream project, Putin said. Russia will reduce by 6% gas price for Turkish consumers from January 1, 2015, Putin said. Russia ready to further reduce gas price for Turkey as its strategic partner, Putin noted, adding that the 6% discount on gas price for Turkey is only the first step. The Russia president also said the free trade regime with Turkey is possible.

 

Russian-Turkish relations in the energy sector have risen to strategic level, Russian President Vladimir Putin said after talks with his Turkish counterpart Recep Tayyip Erdogan.

Russia will increase gas supplies to the Turkish market by 3 billion cubic meters under the Blue Stream project, Putin said. Russia will reduce gas prices by 6% for Turkish consumers from January 1, 2015, Putin said. 

Russia is ready to further reduce gas prices for Turkey as its strategic partner, Putin noted, adding that the 6% discount from the gas price for Turkey is only the first step. The Russian president also said a free trade regime with Turkey is possible, ITAR-TASS reports.