The Gapzrom-led Turkish Stream (TurkStream) pipeline project has hit a snag as negotiations between Russia and Turkey on gas pricing have broken down, according to a report.

Talks between the Moscow and Ankara administrations are suspended after Russian authorities failed to sign off on a proposed gas price agreement with Turkish counterparts, Reuters reported, citing unidentified Turkish officials.

TurkStream is a replacement project for South Stream, which had envisaged piping Russian gas through the Black Sea to Bulgaria but was quashed