Gazprom and Turkey sign protocol on TurkStream pipeline
Published by Lydia Woellwarth,
Editor
World Pipelines,
Gazprom and the Government of the Republic of Turkey last week signed a Protocol on the onshore section of the transit string of the TurkStream gas pipeline. The string will deliver Russian gas to European consumers.
As a follow-up to the Protocol, Gazprom and Botas inked an Agreement detailing the terms and conditions of the construction work. With the documents signed, the parties will be able to start implementing the project.
The onshore section will be built by TurkAkim Gaz Tasima A.S., a joint venture that will be established on equal terms.
In addition, Gazprom Export and Botas signed documents to settle out of court the ongoing arbitration dispute on the contract terms of Russian gas supplies to Turkey. The arbitration will be resolved shortly.
Read the article online at: https://www.worldpipelines.com/project-news/29052018/gazprom-and-turkey-sign-protocol-on-turkstream-pipeline/
You might also like
World Pipelines Podcast: Going global with IPLOCA
In this episode, Elizabeth Corner speaks to Georges Hage, Executive Secretary at IPLOCA, about IPLOCA's insights on the culture and characteristics of the pipeline contractor community, and how it works to support sustainable energy infrastructure.
Fox Innovation & Technologies (FOX) acquires Sirio Solutions Engineering (SSE) S.p.A.
SSE will add complementary services and international exposure to the FOX footprint.
