Moscow states support for Blue Stream gas pipeline project

Aug 14, 1999 02:00 AM

Turkish media sources reported that the Russian government had issued a document stating its support for the Goluboi Potok (Blue Stream) gas transport project.
The document outlines work plans for the project, which envisions the construction of a gas supply pipeline under the Black Sea from Dzhugba, near Tuapse, to Samsun.
The 400-km underwater pipeline will be built by the Russian gas monopoly Gazprom and Italy's ENI. Gazprom has already constructed the onshore pipeline that will feed into the underwater line, and Turkey will build another onshore pipeline connecting Samsun with Ankara. ENI subsidiary Saipem won the contract for construction of the underwater section, and France's Bouygues said earlier this year that it had won a contract to build a compressor station to pressurise gas pumped into the line.
Gazprom's deputy chairman Sergei Dubinin said recently that the document would be sent to Ankara for approval in the near future. Dubinin further predicted that Russia and Turkey wouldfinalise an agreement on the Blue Stream project within a week.
Russian media sources reported separately that the document obligated the Foreign Ministry to discuss the establishment of a special taxation regime for the project with Turkish officials.

Source: NewsBase
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