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Turkish Stream gas pipeline

Investments into two lines of Turkish Stream estimated at €7 bln

MOSCOW, December 20. /TASS/. Investments into two lines of the offshore segment of Turkish Stream pipeline project are planned in the amount of 7 bln euro. Such information is contained in the explanatory note to the draft bill on ratification of the intergovernmental gas pipeline agreement between two countries.

"Investments required to implement the two-line project, including costs sustained earlier within implementation framework of the offshore segment of South Stream project, are about 7 bln euro," the document says.

Read also

Russia’s EU envoy says second line of Turkish Stream has good potential

A company with 100% Russian participation will perform engineering, construction and operation of the offshore segment. A company with 100% participation of Turkey will deal with implementation of the offshore segment to connect the first line of the offshore segment with the operating gas transmission system of Turkey.

The Turkish Stream project provides for construction of a gas pipeline across the Black Sea to the European part of Turkey and then to the border with Greece. The pipeline’s offshore section is expected to equal about 910 km and its overland segment on the Turkish territory 180 km.

The project is estimated at 11.4 bln euro.

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Russia fires ballistic, non-nuclear-tipped missile at Ukrainian aerospace plant — Putin

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Andrey Belousov stressed that Russian troops have accelerated their advance in the special military operation zone and have effectively disrupted Kiev's 2025 military campaign

Western nations should take Putin's statement seriously, warns Hungarian PM

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Russia interested in security of Baltic undersea infrastructure — embassy in Denmark

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Ukraine should consider territorial concessions to Russia in return for peace — magazine

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Residents of Kupyansk, Kovsharovka in Kharkov Region returning to their homes

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Russian troops destroy Ukrainian fortification in LPR’s Makeyevka, strengthen positions

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Japanese lawmaker praises Putin's restraint amid decision to strike deep into Russia

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IN BRIEF: What Putin said about Russia’s new missile, and Moscow’s response to the West

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West beginning to realize only part of Ukraine will remain — Lavrov

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Washington has no plans of updating nuclear posture after Russia’s test of new missile

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Zelensky fine with conflict continuing due to Western help — Slovak PM

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US, NATO decision on strikes continues policy of escalation — Putin

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North Korean leader warns of growing risk of nuclear war — KCNA

Kim Jong Un added that negotiations with the US only confirmed the North Korean view that Washington’s hostile policy remains unchanged

US is now at war with Russia, Ritter says

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Top Russian diplomat to meet with Belarusian counterpart in Brest

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NATO enters conflict, Russia has every right to attack its targets now — expert

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Time of Maduro’s visit to Russia being coordinated via diplomatic channels — embassy

Earlier this month, Russian Deputy Prime Minister Dmitry Chernyshenko handed over the Russian president’s invitation to Maduro during his visit to Venezuela

Putin stays open to contacts to reach 'peaceful track' — Kremlin

Russian President Vladimir Putin delivered a televised address to the nation on November 21, announcing that in response to the West’s decision to authorize strategic-depth strikes on Russia, Moscow used its new Oreshnik medium-range hypersonic ballistic missile for the first time

China holds US responsible for disrupted defense ministers' meeting in Laos

Wu Qian stated that the United States must immediately correct its mistakes, "honestly respect China’s main interests, and seek to create favorable conditions for high-level contacts between the military of the two countries"