: :inin Kyiv (EET)

Russia’s big gas plan hit a setback


Russia’s big plan to build the Turkish Stream might have hit a snag as Russia and Turkey can’t agree on gas prices. Russia’s Gazprom and Turkey’s BOTAŞ had a six-month period to agree on the prices for gas supplies. That time frame expired on Monday without a deal. “The dispute over prices means there’s no immediate prospect of signing a binding pact for the new pipeline … An agreement could now be delayed until at least October,” people familiar with the situation told Bloomberg. Back in May, Russia gave permission to commence the construction of the pipeline, although it …read more

Source: Business Insider

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