Turkey is holding exclusive talks with Japan to build its second nuclear power plant after failing to reach an agreement with South Korea.
Turkey and Iran discussed building a second natural-gas pipeline between the two countries, Turkish Energy Minister Taner Yildiz said today.
Turkey will start oil and gas exploration in Turkish-controlled northern Cyprus within two months, Energy Minister Taner Yildiz said.
A tanker containing a million barrels of crude oil is floating around the Mediterranean, and its cargo is available at half-price. Any country seizing the bargain is helping Iraq’s Kurds to win greater independence.
Turkey said it has broad support from 20 oil companies for steps that would make use of the Bosporus straits for oil traffic more expensive than pipelines.
"At the moment, 100,000 barrels to 120,000 barrels of oil flow from northern Iraq per day."
- Taner Yildiz on Jun 19, 2014