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Erdogan signs law on ratification of Turkish Stream agreement

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Erdogan signs law on ratification of Turkish Stream agreement

President of Turkey, Recep Erdogan, signed a law on ratification of the agreement concluded with the Russian Federation regarding the project for Turkish Stream pipeline construction, the local media reports on Tuesday.

Thus, an agreement, which had previously been approved by the national parliament, has come into effect.

As it was reported earlier, on October 10, 2016, Russia and Turkey signed an intergovernmental agreement on the Turkish Stream project.

Turkish Stream is a projected natural gas pipeline, which is planned to run from Southern Russian Krasnodar Region across the Black Sea to Turkish Thrace. This ambitious plan was announced by Russian President Vladimir Putin on 1 December 2014 in Turkey and was intended to replace the cancelled South Stream project.

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