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To: Michael T Currie who wrote (8140)	12/10/1997 11:33:00 AM
From: Charles A. King	Read Replies (3) \| Respond to of 13091

Michael, you might already know this. It's very important for international stability for Russia and Turkey to get along. Russia and Turkey to sign gas deal worth billions Copyright c 1997 Nando.net Copyright c 1997 Reuters ANKARA (December 10, 1997 10:24 a.m. EST nando.net) - Turkey will sign a landmark multi-billion-dollar gas and pipeline agreement with Russia next week during a rare visit of a Russian delegation led by Prime Minister Viktor Chernomyrdin. "The gas agreement will be at the centre of the talks with Chernomyrdin," a Turkish foreign ministry official, who asked not to be identified, said on Wednesday. "The talks will also dwell on issues related to the Caucasus and other bilateral matters," he told Reuters. Chernomyrdin, who Russian officials have said will seek to improve neglected economic and political ties between the two countries, will come to Turkey on Dec. 14 and will leave on Dec. 16. He will sign the gas agreement with Turkish Prime Minister Mesut Yilmaz at a ceremony on Monday. Under the deal, Turkey, in urgent need of gas and other energy sources, will buy an initial three billion cubic metres of gas (BCM) a year from Gazprom, the world's largest gas company, from 2000 through a pipeline to be built from Russia to Turkey under the Black Sea. The project, called "Blue Stream," envisages a 750-mile pipeline from the Russian compression station Izobilnoye, 63 miles east of Krasnodar, to Ankara through an undersea connection to Samsun on the Turkish coast. Gas supplies through the pipeline, to cost up to $3.3 billion, will eventually reach 16 BCM per year when the project comes on full steam by 2010. The agreement covers a 25-year gas and pipeline contract signed between Gazprom and Turkey's pipeline concern Botas in April. At the time officials said it would begin from 1998 and was valued at about $13.5 billion. The Gazprom contract calls for Turkey to raise gas purchases to eight bcm from 1998 from an existing pipeline passing through Ukraine, Romania and Bulgaria, and to 14 BCM eventually by 2000. Turkish energy ministry officials said the cost of gas to be bought through the Black Sea pipeline would be less than that via the existing western pipeline, which has carried about six BCM annually since 1987 through Ukraine, Romania and Bulgaria. (snip) The energy ministry official said the talks might also touch on a plan to build a pipeline from Azerbaijan to Turkey's southern oil terminal of Ceyhan to export output from a multi-billion-dollar project developing Caspian oilfieds. Turkey opposes a Russian plan that all crude oil from the project, estimated to reach 700,000 barrels per day by 2010, should be transported to the West through the Black Sea and Turkey's busy Bosphorus straits. Relations between Moscow and NATO-member Turkey have often been strained in the past, most recently over Ankara's sympathetic stance towards Russia's breakaway Chechnya region.