
TurkStream requires US$7.3 billion investment
A document attached to the draft bill on the ratification of the TurkStream agreement suggests that approximately €7 billion (US$7.3 billion) is required to implement the project.
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A document attached to the draft bill on the ratification of the TurkStream agreement suggests that approximately €7 billion (US$7.3 billion) is required to implement the project.

Gazprom’s board of directors has considered the events of 2016 and suggested that its position remains stable in a changing external environment.

The Russian government has approved a bill for the ratification of its agreement with Turkey on the TurkStream pipeline project.

South Stream Transport B.V. and Allseas Group S.A have signed a construction contract for the first string of TurkStream’s offshore section.