Turkey And Russia Sign 'Blue Stream' Natural Gas Deal
Turkish Prime Minister Mesut Yilmaz and Russian Prime Minister Victor Chernomyrdinsigned in Ankara on 15 December a natural gas purchase deal worth $13.5bn. The agreementalso includes the construction of a 1,170-km. gas pipeline, some 400 kms. of which willrun under the Black Sea. Estimated cost of this undertaking, called the 'Blue Stream'project, is around $3.3bn. The agreement will bring Turkey's...