‘There’s nothing standing on the way to that. We’re ready to discuss this project and make the decision’, Recep Tayip Erdogan said in a recent interview with the Russian media.
The Turkish president remembered that his country buys gas mostly from Russia.
‘As of July 2016, the total volume of gas imported from Russia made 12.5 billion cubic meters. This shows how much important our economic partnership is in that area’, Erdogan said, briefly before his visit to Russia and further negotiations on this matter.
Turkish stream is the working name of a proposed natural gas pipeline running from Southern Russian Krasnodar Region across the Black Sea to Turkish Thrace. Announced by Russian president Vladimir Putin on 1 December 2014, during his state visit to Turkey, the proposal is supposed to replace the earlier cancelled South Stream project. According to Russia’s state gas monopolist Gazprom, the project did not have an official name.
In November 2015, following the Turkish shootdown of a Russian Su-24 aircraft in Syria, talks on the project were unilaterally suspended by the Russian side, and in December 2015, Turkish president Recep Tayyip Erdoğan announced the Turkish Stream project would be formally abandoned. In late July 2016, following a reconciliation meeting in Moscow, both sides however put the project back on table.