Putin: Turkish Stream to soar transit potentials of Turkey

Putin: Turkish Stream to soar transit potentials of Turkey

Implementation of Turkish Stream project will it make possible to boost gas deliveries to Turkey and increase the country’s transit potential, Russian President Vladimir Putin said on March 10 during Turkish President Recep Tayyip Erdoğan’s Moscow visit.

“The intergovernmental agreement on the large-scale project of the Turkish Stream gas system construction came into force last month,” Putin said.

“Implementation of this project in practice will make possible to scale up natural gas supplies to Turkey and increase its transit potential,” he added, as quoted by TASS and Anadolu Agency. 

Bilateral cooperation in energy sphere is “genuinely strategic,” the Russian president noted. 

“Turkey is ranked second by procurements of gas from Russia. Good prospects are in place to deepen industrial cooperation in metals industry, automotive sector and production of agricultural machinery,” Putin added.

Erdoğan also marked close cooperation in energy sector the two countries have established. First of all it concerns the Turkish Stream pipeline project, which is already in progress.

Another important project in this sector, according to Erdogan, is the construction of the Akkuyu nuclear power plant.

“We constantly monitor the development and implementation of these projects,” Erdoğan said, as quoted by TASS. 

Turkey is interested in supplies of Russian aircraft MS-21, Erdoğan also said. 

“We are interested and it is necessary to carry out cooperation and involve Turkish manufacturers in delivery of MS-21 aircraft which is made in Russia,” he said.