Russian Prime Minister Vladimir Putin today signed numerous agreements with Turkey’s Prime Minister Recep Tayyip Erdogan for construction of a pipeline through Turkish waters in the Black Sea and for the construction of Turkey’s first nuclear power plant.
The South Stream Pipeline, which will run from Russia to Bulgaria, will transport natural gas to Europe in a reliable and continuous volume, something Russia has not been able to accomplish over the recent disputes with the Ukraine regarding the supply and use of natural gas.
Putin said the negotiations would "open the road to new major projects in the energy sector. Such strategic projects as South Stream... and the construction of Turkey's first nuclear power plant can play a key role in promoting co-operation in this sphere. It is very important for the reliable supply of gas to the whole of Europe and for the further development of our co-operation with Turkey." he was quoted as saying by Russia's Itar-Tass news agency.
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