Russia and Turkey sign eight joint cooperation documents

ANKARA, December 1 /TASS/. Russia and Turkey have signed eight joint documents on cooperation in various branches of economy as part of President Vladimir Putin’s state visit to Turkey.

Gazprom and Turkey’s BOTAS Petroleum Corporation signed a memorandum of understanding while the Russian and Turkish energy ministers put their signatures under the protocol of the 13th mixed inter-governmental Russian-Turkish commission for trade and economic cooperation. Continue reading

South Stream ‘Plan B’ opts for route through Greece and Turkey

A Russian newspaper has published an article suggesting that the Kremlin-favoured South Stream gas pipeline could drop Bulgaria, Serbia, Hungary, and Slovenia for its route, and instead reach its final destinations, Italy and Austria, through Turkey and Greece.

On Monday (18 August), Russian business newspaper Vzglyad published an article by journalist Oleg Makarenko, claiming that Gazprom has a “plan B” in case Bulgaria continues to obstruct the construction of the South Stream pipeline.

A caretaker government in Sofia, which took office on 6 August, has frozen the construction of South Stream, following clear indications from Brussels that the EU executive would impose infringements on Bulgaria, unless the country re-negotiates its bilateral agreement with Russia for the construction of the pipeline, which is in breach of EU law.

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