Turkey is launching the construction of the onshore part of the Turkish Stream gas pipeline on the territory of the republic.
Turkish President Recep Tayyip Erdogan announced this presenting the action plan for the second 100 days of the new cabinet after the country’s transition to the presidential form of government.
"We are launching the construction of the onshore part of the Turkish Stream on our territory," he said as quoted by the Anadolu news agency.
Erdogan also announced plans to complete the implementation of this project "by the end of 2019."
On November 19, Istanbul hosted the ceremony of completion of the construction of the offshore section of the Turkish Stream gas pipeline, which was attended by the leaders of Russia and Turkey, Vladimir Putin and Tayyip Erdogan. The Russian President expressed confidence that this project, as well as the construction of the Akkuyu NPP, will become vivid symbols of the ongoing development of the Russian-Turkish partnership and the "pledge of friendship" between the two nations.
The Turkish Stream project envisages the construction of a gas pipeline across the Black Sea to the European part of Turkey and farther to the border with Greece. The seabed section is to be about 910 kilometers long and the land section will run 180 km into Turkey. Gas deliveries via the first stretch of the gas pipeline are designed to meet the requirements of the growing Turkish market, while the second stretch is planned to deliver gas to the countries of Southern and South-Eastern Europe. Each thread will have a capacity of 15.75 bln cubic meters of gas a year. The project is estimated at a total of 11.4 bln euro.