Russia, Turkey agree to draft text of gas pipeline deal by Nov 1 - Russian energy minister

The Russian and Turkish energy ministries have agreed to draft the text of an intergovernmental agreement on the Turkish Stream gas pipeline before the elections of a new Turkish government slated for November 1.

The Russian and Turkish energy ministries have agreed to draft the text of an intergovernmental agreement on the Turkish Stream gas pipeline before the elections of a new Turkish government slated for November 1, Russian Energy Minister Alexander Novak said on the Rossiya-24 news television channel on Saturday.

The parties are currently considering the construction of two lines of the Turkish Stream pipeline, whose general throughput capacity would be 31.5 billion cubic meters of gas a year, Novak said.

Novak said his Turkish counterpart and he had reaffirmed mutual interest in the project during their recent negotiations in Istanbul. "We understand that there is an interim government there so far," Novak said, adding that a new government should be elected on November 1.

"We agreed that specialists would draft the text of an intergovernmental agreement on a technical level by November 1," he said.

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