Russian natural gas company Gazprom and Turkey have reached an agreement on financing of the Turkish Stream gas pipeline project on the Turkish territory, BOTAS General Director Burhan Ozcan told RIA  Novosti.

"We have already agreed with them [Gazprom] on this issue, but I can not disclose the figures — in what percentage share we will do it," Ozcan  noted, adding that  the process of obtaining permits for the construction of the second branch of the Turkish Stream pipeline was "going smoothly, without any pitfalls."