Wednesday, December 28, 2011

Turkey - reaches agreement with Russia allowing pipeline under the Black Sea to transport Russian gas to Europe

Published on Dec 28, 2011 by
http://www.euronews.net/ Turkey has reached agreement with Russia to allow a pipeline to be built under the Black Sea to transport Russian gas to Europe.

The deal, removing a major obstacle to the South Stream project, was signed in Moscow after talks involving both countries' governments and energy companies.

It follows prolonged deadlock between Russia and Turkey over the proposed route which runs through Turkish territorial waters.

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