Business
Dec. 28 2011 - 00:12

Gazprom Turkish Agreement

Gazprom chief executive Alexei Miller and Turkish Energy and Natural Resources Minister Taner Yildiz agreed to the main commercial terms for and volumes of gas supplies from Russia to Turkey in 2012 in Ankara on Tuesday, Interfax reported.

Gazprom said the sides also reached agreement on expanding medium-term and long-term cooperation.

Turkey plays a decisive role in implementing the South Stream gas pipeline project through the Black Sea to Europe bypassing Ukraine.

Two weeks ago, deputy Gazprom chief Alexander Medvedev expressed hope that Gazprom would receive Turkey's permission to lay pipeline in its exclusive economic zone by the end of the year.

(MT)



Sign up for our weekly newsletter