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Turkish Stream pipeline will be built on time despite US sanctions – Mr Novak- The 19th China (Guangzhou ) Int’l tube & pipe Processing Equipment Exhibition
8/23/2017 管材展-钢管展-steel tube expo-tube &pipe expo |
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Mr Alexander Novak, Russian Energy Minister said that the Turkish Stream gas pipeline project will be implemented on time, regardless of the new US law that expands sanctions against Moscow. Mr Novak explained that the contracts concerning the construction of the gas pipeline were concluded, and the construction was underway. Mr Novak said in an interview with Rossiya-24 television that "We believe that the project will be implemented regardless of what normative legal acts or laws are adopted."
Mr Novak said that Russia is discussing the possibility of gas supplies through the Turkish Stream pipeline with Bulgaria, Greece and Italy. The minister added that there was "much uncertainty" regarding the new US sanctions that target Russia''s energy industry.
On August 2, US President Mr Donald Trump signed a bill imposing sweeping sanctions on Russia, Iran and North Korea. In particular, the anti-Russia sanctions target the country''s defense and economic sectors, restrict dealings with Russian banks and energy companies, as well as counteract the construction of the Nord Stream 2 pipeline.
- The 19th China (Guangzhou ) Int’l tube
& pipe Processing Equipment Exhibition
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