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Putin, Erdogan discuss joint energy projects, including Turkish Stream

MOSCOW, March 17. /TASS/. Presidents Vladimir Putin of Russia and Recep Tayyip Erdogan of Turkey had a telephone conversation on Tuesday to discuss bilateral cooperation with a focus on energy projects, including the Turkish Stream gas pipeline, the Kremlin press service said.

"The two leaders discussed in a friendly manner various aspects of bilateral cooperation, the implementation of the most important resolutions of the fifth session of the top-level cooperation council /Ankara, December 1, 2014/ with a special focus on joint projects in the energy sector, including the Turkish Stream," the press service said.

The two presidents also exchanged views on topical international and regional problems and on the schedule of forthcoming top-level contacts.

The conversation was initiated by the Turkish side.

On December 1, 2014, Russia’s gas giant Gazprom and Turkey’s Botas signed a memorandum of understanding on the construction of a gas pipeline from Russian to Turkey across the bottom of the Black Sea. The would-be pipeline’s capacity is to reach 63 billion cubic metres, of which 50 billion cubic metres would be pumped to a new gas hub at the Turkish-Greek border. The pipeline will be built by Gazprom-Russkaya.

The Turkish Stream is seen as an alternative to the South Stream project abandoned by Russia in December 2014. Most of the Turkish Stream’s seabed route will coincide with that of the South Stream. Russia says the Turkish Stream will make it possible to zero risks of gas transit to Europe via Ukraine. Moscow also actively develops cooperation with Turkey in nuclear energy sector.