Go to mobile


17:52 20-03-2018
Why Morgan Stanley sells the most visited mall in Eastern Europe
23:27 19-03-2018
American Panda Express sets up a new fast food chain in Russia
22:34 19-03-2018
NATO is moving to a new “cutting-edge” building
21:15 19-03-2018
Russian entrepreneur opens Uzbek restaurant in London
20:37 19-03-2018
Revival of real estate market in Portugal transforms its cities
20:18 19-03-2018
200 social facilities worth $956m to be built in Russian Far East
19:50 19-03-2018
Russian government approves soft loans for purchase of wooden houses
19:35 19-03-2018
Chinese investment in foreign real estate reached its high in 2017
19:13 19-03-2018
French Engie revealed its spendings on Nord Stream 2
18:54 19-03-2018
Saudi company and RDIF buy into a tram project in St. Petersburg
18:01 19-03-2018
British developer Hammerson refuses to deal with its French competitor
23:52 16-03-2018
Siemens supplies turbines to Gazprom for building TPS in Chechnya
23:09 16-03-2018
Why almost 100 Winn-Dixie stores are to be closed in USA
22:41 16-03-2018
US Senators are about to deal a blow to Russia’s Nord Stream 2
22:10 16-03-2018
Spain is interested in building Moscow-Kazan high-speed railway
21:46 16-03-2018
24 penthouses put up for sale in Moscow elite buildings
21:15 16-03-2018
Unique bioenergetic greenhouse complex to be built in Podolsk
20:37 16-03-2018
Number of new buildings in USA drops sharply below forecasts
20:03 16-03-2018
$175-million children's campus to be built in Russia
19:21 16-03-2018
Wintershall allocates €324m to Nord Stream 2 this year
18:52 16-03-2018
Gazprom puts on auction its construction company
22:53 15-03-2018
President Putin inspected a new airport in Crimea
22:15 15-03-2018
What is an average housing price in Russian regions
20:48 15-03-2018
Gazprom invests $890m in construction of gas transmission capacities
19:31 15-03-2018
Khabarovsk airport to be built without Japanese investments
18:54 15-03-2018
$140 million to be allocated to road bridge across Ob River
18:17 15-03-2018
French and Russian technology parks to exchange startups
17:48 15-03-2018
Azimut Hotels to open $82m hotel near Pereslavl-Zalessky
17:12 15-03-2018
Zaha Hadid Architects to create project for international airport in India
16:37 15-03-2018
Rosatom starts construction of a strategic uranium mine in Transbaikal
All news


«    March 2018    »

“Turkish Stream” construction treaty ratified by RF Federation Council

logo russianconstruction.com
“Turkish Stream” construction treaty ratified by RF Federation Council

The RF Federation Council has adopted the law on ratification of the intergovernmental agreement between Russia and Turkey on the “Turkish Stream” gas main construction project.

The official representative of the Russian Government on the issue, Deputy Minister of Energy, Yury Sentiurin, remarked that the agreement creates the regulatory and legal framework for design, construction and operation of the gas main, including favourable taxation and customs modes.

At the same time, he stressed, the new pipeline will not provide for complete rejection of gas transit via Ukraine, but will significantly decrease the risks connected with it.

To remind you, the project provides for the Russian gas delivery to Turkey and to the states of the EU after 2019. The gas main will consist of two lines with the total capacity of 31.9 bn cubic meters of gas a year.

The sea section is 920 km long, the transit land section is about 200 km long. Both lines are to be put in operation before December 30th.

Related publications