Russia’s State Duma has approved ratification of the agreement between Russia and Turkey on construction of two lines of the Turkish Stream pipeline.
The agreement was signed in Istanbul on October 10, 2016 and approved at the meeting of the Russian Government on December 15 of the last year.
"The agreement provides for the construction of two threads of the truck gas pipeline across the Black Sea bottom," CEO of Russia’s gas giant Gazprom, Alexei Miller, said, adding that these threads are to be built by December 2019.
The project provides for the construction of a gas pipeline across the Black Sea bed to Turkey’s European part, with further extension to the border with Greece, TASS recalls.
The agreement was signed for 30 years and can be extended every five years after the expiration of that period.