Subscribe free to our newsletters via your
. Military Space News .




ENERGY TECH
Turkey could increase oil imports from Iran
by Staff Writers
Istanbul (AFP) Nov 25, 2013


Turkey could increase its oil imports from neighbouring Iran once the sanctions are lifted as part of a landmark deal on Tehran's nuclear programme, the energy minister said on Monday.

The amount of crude oil Turkey buys from Iran, one of its leading suppliers along with Russia, could increase to 140,000 barrels per day (bpd) from 105,000, Taner Yildiz said.

"Before the sanctions, half of our oil imports came from Iran. Different things can happen in different countries. But our priority is to meet the needs of Turkey," Yildiz told CNBC-e television.

His comments came as Turkish Foreign Minister Ahmet Davutoglu headed to Tehran in a bid to boost ties with the Shiite power.

Davutoglu hailed the deal hammered out in Geneva between Iran and six world powers at the weekend.

"This is a historic day and the first step that will ease tension, and Turkey supports the new development," Davutoglu said in Bahrain en route to Iran.

Under the deal, Iran agreed to curb its nuclear activities for six months in exchange for some sanctions relief worth about $7 billion.

"If the sanctions are channelled into the right direction, it will benefit both the region and the world," Yildiz told reporters.

Turkey earlier this month rejected making further reductions in its oil imports from Iran, which has been hit by UN, EU and US sanctions.

It had been granted a six-month waiver on Iranian oil imports by the United States, and Washington is expected to review an extension next month.

Turkey, which has little of its own energy resources, remains one of the largest customers for Iranian oil and a major buyer of its natural gas.

.


Related Links
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








ENERGY TECH
18,000 evacuated after pipeline explosion in China: govt
Beijing (AFP) Nov 23, 2013
Some 18,000 people were evacuated from a Chinese coastal city after an oil pipeline explosion killed at least 47 people and sent thick black smoke billowing into the sky, a local government report said Saturday. The Friday morning blast in Qingdao ripped roads apart, pictures showed, while leaving many sections of the city cut off from utilities. The latest government report Saturday di ... read more


ENERGY TECH
US has time to boost bid for Turkey missile system: FM

US to keep Patriot missiles in Turkey for another year

Unprecedented Dual Intercept Success for MEADS at White Sands Missile Range

Patriot delivers another flawless performance in Japan test firings

ENERGY TECH
Javelin Joint Venture awarded contract for Javelin Weapon System

Russia and Egypt on verge of missile deal: Moscow

Lockheed Martin Conducts Second Successful LRASM Flight Test

Turkey hopes to finalise China missile purchase in six months

ENERGY TECH
A new, flying jellyfish-like machine

Thousands rally against US drone strikes in Pakistan

US drone strike kills senior Haqqani leader in Pakistan

Protest against US drone strikes in Pakistan postponed

ENERGY TECH
Intelsat General To Provide Satellite Services To US Marines

Manpack Radios in Arctic Connect with MUOS Satellites Orbiting Equator

Self-correcting crystal may unleash the next generation of advanced communications

Northrop Grumman Receives Contract to Sustain Joint STARS Fleet

ENERGY TECH
Airbus and Cassidian play key role in Perseus maritime surveillance program

US firm claims first 3D-printed metal gun

Chemical arms treaty meets love-gone-wrong in US high court

Northrop Grumman Demonstrates Micro-Gyro Prototype for DARPA Program

ENERGY TECH
EADS chief warns jobs cuts coming in defence unit

India's defense minister wants DRDO investigated

AgustaWestland fights to keep graft-hit Indian chopper deal

Russia 'offers Egypt MiG-29s in $2B arms deal'

ENERGY TECH
US backs Japan as China tensions soar on air zone

Turkey mending ties with Shiite powers as regional clout wanes

China creates air defence zone over Japan-controlled islands

US criticizes new China zone, vows to defend Japan

ENERGY TECH
Graphene nanoribbons for 'reading' DNA

New hologram technology created with tiny nanoantennas

Nano magnets arise at 2-D boundaries

Structure of bacterial nanowire protein hints at secrets of conduction




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement