Russian energy producer Gazprom on Monday denied rumors that the Turkish Stream pipeline project had been cancelled by Turkey.

Aleksandr Medvedev, deputy chairman of the management committee at Gazprom, issued the denial at a press conference. He said that talk of Turkey's withdrawing from the construction of the project's second, third and fourth leg was untrue.

The Turkish Stream project, publicly announced during Russian President Vladimir Putin's visit to Turkey on Dec. 1 after the cancellation of the South Stream project. 

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