WorldNews Posted March 18, 2015 Posted March 18, 2015 [attach=full]19055[/attach]MOSCOW/ANKARA (Reuters) - Russian President Vladimir Putin and Turkish President Tayyip Erdogan discussed the "Turkish Stream" gas project during a phone call, the Kremlin said in a statement on Tuesday, as Moscow continues to push for its new undersea pipeline to Europe. Facing objections from the European Union, Russia in December abandoned its $40 billion South Stream project which would have passed under the Black Sea to Bulgaria and carried up to 63 billion cubic meters (bcm) of gas annually to Europe. It has now pinned its hopes on Turkey, hoping to construct a "Turkish Stream" pipeline with the same capacity to an as-yet unbuilt hub on the Turkey-Greece border by the end of 2016. Turkish officials have said the plans are unlikely to progress as quickly as Russia would like, given Ankara's concerns about overdependence on Russian energy. Continue reading... Quote
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