Russian President Vladimir Putin has met his Turkish counterpart, Recep Tayyip Erdogan, at the World Energy Congress in Istanbul. Putin says non-OPEC member Russia is ready to join measures to limit oil production, saying that this is the only way to balance the market after a prolonged period of low prices. Erdogan says work on the TurkStream natural gas pipeline project is continuing, and development of the second stage of the project will depend on natural gas market conditions in Europe.
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