Most permits for Turkish Stream pipeline obtained, says Gazprom deputy CEO

The Gazprom sign at the 2016 Sochi International Investment Forum.

The Gazprom sign at the 2016 Sochi International Investment Forum.

Peter Kovalev/TASS
The exploration permit will allow operations on the Turkish section

Most permits for implementation of the Turkish Stream gas pipeline project have been already obtained, Gazprom Deputy CEO Vitaly Markelov said at the 2016 Sochi International Investment Forum on Sept. 30.

"Most of them have been obtained," he said, adding that "the exploration permit has been the most important one."

According to Markelov, the exploration permit will allow operations on the Turkish section.

Gazprom has already obtained the first permits from Turkish authorities within the Turkish Stream natural gas pipeline project, which allowed to start the construction of the pipeline.

Earlier Russia’s Energy Minister Alexander Novak said that the draft intergovernmental agreement was expected to be agreed and signed in October 2016. Also, he said, the construction of the first line of the Turkish Stream would start after obtainment of all required construction and survey permits for Turkish territorial waters. Russia and Turkey also intend to set up a working group for the Turkish Stream, he added.

Source: TASS.com

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