World Bulletin/News Desk
Turkey's energy and natural resources minister said on Sunday that Turkey expected to use 48-50 billion cubic meters of natural gas this year.
Taner Yildiz said that Turkey wanted to ensure oil and natural gas supply security.
"Iraq will have a significant contribution in meeting Turkey's natural gas demand," Yildiz said at the First International Energy Arena in Irbil, Iraq.
Yildiz said Turkey established a network between 65 percent consumption points in its west and 70 percent production points in its east and south.
"Turkey makes best use of its geographical advantages, and will continue to do so," Yildiz said.
Yildiz said Turkish public and private sectors could not remain indifferent to 100-200 kilometer hinterland around itself when it was exploring oil in Colombia and Venezuela.
"With its growing economy, Turkey aims to increase its trade with its region, and to this end, Turkish companies have made significant investments in the north of Iraq," Yildiz said.
Moreover, Yildiz said Turkey supported Iraq's territorial integrity and wished Iraq to maintain its federal and democratic development.
Turkey's Recep Tayyip Erdogan took the presidential oath on Thursday after stepping down as Prime Minister on Wednesday.
Today's newspapers cover Turkey's ruling AK party's congress to elect a new party chairman, and Erdogan's handing over the AK Party leadership to Davutoglu.
The U.S. administration designated Charge D'affaires to Ankara to participate the inauguration ceremony of president-elect Erdogan.
Erdogan said he would ask incoming prime minister Ahmet Davutoglu to form a new government on Thursday and a new cabinet of ministers would be announced the following day.
An Egyptian-brokered ceasefire came into effect on Tuesday, bringing 51 days of relentless Israeli attacks to a halt in the blockaded coastal enclave.
Today’s newspapers cover Turkey’s ruling AK party’s congress to elect a new party chairman, and thousands of Turks forming what is hoped to be the world’s largest portrait of Mustafa Kemal Ataturk, founder of the Republic of Turkey.
It is not yet clear who he will be meeting during his stay, but there are believed to be no plans for him to meet Turkish Foreign Minister-turned-Prime Minister Ahmet Davutoglu.
The nation recorded 162,445 medical tourists by the end of the first half of 2014.
At least 100 people are arriving from Iraq each day, many of them smuggled across the border by locals, sometimes paying up to $1,000 per family.
The Chinese Foreign Ministry said it is coordinating with Turkish authorities to find the workers, kidnapped by militants on Monday.
Many Yazidis fleeing from the war in Iraq are also waiting for shelter on the border with Turkey, according to some reports.
The advance of ISIL has alarmed Ankara and its Western allies, forcing them to step up intelligence sharing and tighten security cooperation.
Turkish dailies on Tuesday report on outgoing President Gul's farewell to the public and to his counterparts, and the dam river tragedy in Turkey's southeastern province of Siirt.
The firms were asked to extend their bids until the end of the year, the Defence Undersecretariat said in a statement.
Turkish Union of Bars head Metin Feyzioglu said he will attend a new legal year ceremony and speak, after President-elect Recep Tayyip Erdogan said he would not attend in case of a Feyzioglu address.
Turkish FM Ahmet Davutoglu is to become prime minister after Erdogan is sworn in as president August 28, said Deputy PM Bulent Arinc.