Russian President Vladimir Putin and Turkish Recep Tayyip Erdogan met in Istanbul where they talked to start implementing the project pipeline joint Turkish Stream leaving behind the tensions between the two countries since the Turkish Air Force hit a Russian aircraft on the border with Syria.
Putin is in Istanbul at the invitation of Erdogan, as a participant of global energy summit.
During his speech at the summit, the Russian president said he was happy that the Turkish authorities failed to keep the situation under control and prevent a coup in July. The two leaders discussed joint Turkish Stream pipeline which was opened another avenue for entry of gas from Russia to Europe.
This corridor is the rival South Stream which will carry natural gas from fields in Azerbaijan to Europe via Greece, Albania and Italy. We are continuing work on Turkish Stream project, which aims to transport natural gas, which we already buy from Balkan lines, directly from Russia through the Black Sea. The second part of this project will depend on the conditions of the gas market in Europe.
On the other hand, the eastern Mediterranean gas is a new option that adds our source. He said Turkish President Erdogan. Of 11.4 billion project was presented by Putin two years ago, is in Turkey, as an alternative to the cancellation of the passage of the southern corridor through Bulgaria. Its construction is expected to be finalized in 2019 and the amount of natural gas that will be transported by him to be 32 billion cubic meters per year.