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1st LD: Turkish and Russian presidents sign deal on natural gas project

Xinhua, October 11, 2016 Adjust font size:

Turkish President Recep Tayyip Erdogan and his Russian counterpart Vladimir Putin on Monday signed an agreement on piping Russian natural gas to Turkey and possibly Europe following a meeting in Istanbul.

"I strongly believe that the normalization process between Turkey and Russia will continue," Erdogan said at the signing ceremony.

"As part of the Turkish Stream deal, we have also agreed to provide a discount on natural gas for Turkey," noted Putin.

The so-called Turkish Stream project, initiated by Putin in 2014, intends to deliver Russian gas to Turkey and European markets through the Black Sea. Endit