Turkey will continue energy cooperation with Iran: Turkish minister Reviewed by Momizat on . Turkish Minister of Energy and Natural Resources Taner Yildiz has asserted his country’s need for Iran's gas, emphasizing that Turkey will proceed with cooperat Turkish Minister of Energy and Natural Resources Taner Yildiz has asserted his country’s need for Iran's gas, emphasizing that Turkey will proceed with cooperat Rating:
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Turkey will continue energy cooperation with Iran: Turkish minister

Turkey will continue energy cooperation with Iran: Turkish minister
Turkish Minister of Energy and Natural Resources Taner Yildiz has asserted his country’s need for Iran’s gas, emphasizing that Turkey will proceed with cooperation with the Islamic Republic in the energy sector.

“Turkey supplies an important portion — one fifth– of its gas need from Iran based on a deal signed in 1996,” Yildiz told IRNA in Ankara on Thursday.

According to the deal, Iran supplies 10 billion cubic meters of gas to Turkey annually (30 million cubic meters per day).

The issue of international sanctions against Iran does not include natural gas and Tehran and Ankara would continue their cooperation in this sector, the Turkish minister said.

He further noted that Tehran and Ankara have never stopped their trade exchanges and cooperation in the energy sector, reaffirming his country’s determination to maintain relations with Iran in the future.

Yildiz added that Turkey also purchases oil from Iran on a regular basis, saying this issue is important for Ankara.

Iran, which owns the world’s second-largest natural gas reserves after Russia, is Turkey’s second biggest supplier after Moscow. Turkey uses a significant portion of imported Iranian natural gas to generate electricity.

On December 29, 2012 Iran’s Deputy Oil Minister for Gas Affairs Javad Owji said the country’s daily gas exports to Turkey have for the first time topped 31 million cubic meters (mcm).

The United States, Israel and some of their allies have repeatedly accused Iran of pursuing non-civilian objectives in its nuclear energy program. Over the false allegation, Washington and the European Union have imposed unilateral illegal sanctions against the Islamic Republic.

Iran refutes allegations over its nuclear activities and argues that as a signatory to the Non-Proliferation Treaty and a member of the International Atomic Energy Agency, it is entitled to develop and acquire nuclear technology for peaceful purposes.

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