AIRLINK 88.00 Increased By ▲ 0.90 (1.03%)
BOP 4.88 Increased By ▲ 0.13 (2.74%)
CNERGY 3.84 Decreased By ▼ -0.07 (-1.79%)
DFML 40.35 Decreased By ▼ -0.05 (-0.12%)
DGKC 90.06 Decreased By ▼ -0.74 (-0.81%)
FCCL 22.85 Increased By ▲ 0.15 (0.66%)
FFBL 35.36 Increased By ▲ 0.92 (2.67%)
FFL 8.90 Decreased By ▼ -0.09 (-1%)
GGL 9.53 Decreased By ▼ -0.18 (-1.85%)
HASCOL 6.20 Increased By ▲ 0.15 (2.48%)
HBL 124.00 Increased By ▲ 0.02 (0.02%)
HUBC 163.24 Decreased By ▼ -1.26 (-0.77%)
HUMNL 10.25 Decreased By ▼ -0.26 (-2.47%)
KEL 4.56 Decreased By ▼ -0.12 (-2.56%)
KOSM 4.10 Decreased By ▼ -0.03 (-0.73%)
MLCF 37.84 Decreased By ▼ -0.35 (-0.92%)
OGDC 135.26 Decreased By ▼ -1.14 (-0.84%)
PAEL 24.60 Decreased By ▼ -0.16 (-0.65%)
PIBTL 6.11 Decreased By ▼ -0.29 (-4.53%)
PPL 117.15 Decreased By ▼ -0.36 (-0.31%)
PRL 23.18 Decreased By ▼ -0.04 (-0.17%)
PTC 12.01 Increased By ▲ 1.09 (9.98%)
SEARL 57.08 Decreased By ▼ -0.37 (-0.64%)
SNGP 64.00 Decreased By ▼ -0.20 (-0.31%)
SSGC 9.49 Decreased By ▼ -0.08 (-0.84%)
TELE 7.33 Increased By ▲ 0.03 (0.41%)
TPLP 8.80 Decreased By ▼ -0.09 (-1.01%)
TRG 61.25 Decreased By ▼ -0.97 (-1.56%)
UNITY 29.91 Increased By ▲ 0.52 (1.77%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 8,282 Decreased By -31.2 (-0.38%)
BR30 26,502 Decreased By -76.4 (-0.29%)
KSE100 78,445 Decreased By -83.3 (-0.11%)
KSE30 25,282 Decreased By -150.7 (-0.59%)

Russian President Vladimir Putin on Friday launched the deep-water phase of the TurkStream gas pipeline project, calling Turkey's Recep Tayyip Erdogan from a ship off the Black Sea coast. TurkStream will deliver Russian gas to Turkey and is eventually intended to serve the European Union.
"Go!" Putin said, pressing a button on the Pioneering Spirit pipelaying ship, the world's largest construction vessel, to formally launch the work, accompanied by Gazprom energy giant's chief Alexei Miller. The Kremlin strongman also phoned Erdogan from the ship in an effusively friendly exchange covered at length by Russia's state Rossiya 24 channel.
"The work has already started. I want to thank you once more and congratulate you on this," Putin said. Speaking on a white dial phone, Putin praised the speedy progress of the project, attributing this to backing from Erdogan. "Where in our country it takes years, I'm not exaggerating, on various administrative agreements, with Turkey we do this in a few months," Putin said. "Undoubtedly this happens directly with your personal support."
Russia first floated the project in 2014 after the European Union blocked plans for a pipeline under the Black Sea to Bulgaria, at the height of the Ukraine crisis. Then a diplomatic crisis in November 2015 over Turkey's shooting down of a Russian bomber on the Turkish-Syrian border delayed the project, which was revived when bilateral relations were mended last year.
Russian television also covered from Turkey Erdogan speaking to Putin from the airport of the town of Kayseri, sitting in a leather armchair. The two leaders spoke for around 15 minutes and then agreed to speak again later, while Erdogan said "Spasibo," or thank you, twice, Russian television reported. The Turkstream project will see the construction of two lines, each capable of carrying 15.75 billion cubic metres of gas per year. The first is due to be completed in 2018 and the second in 2019.

Comments

Comments are closed.