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Turkey, Russia agree to up Blue Stream gas pipeline capacity: minister

Turkey, Russia agree to up Blue Stream gas pipeline capacity: minister

PanARMENIAN.Net - Turkey and Russia have agreed in principle on raising the capacity of the Blue Stream pipeline, which brings in Russian gas via the Black Sea, to 19 billion cubic meters (bcm) annually from 16 bcm, Energy Minister Taner Yildiz said on Monday, April 21, according to Reuters.

Yildiz also said Turkey would hold talks with Russia on a new contract for the private sector to buy natural gas at a 'reasonable' price and that it may import electricity from Iran, Georgia and Bulgaria in the summer if there was a problem with electricity production due to drought.

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"The necessary funds are and will continue being allocated, including those for the purchase of new modern weapons," he said.
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