Turkey, Russia talk on natural gas price, nuclear plants

Russia's Transneft and Rosneft have made offers to supply a Turkish oil pipeline project, Russian Deputy Prime Minister Igor Sechin said.

Turkey, Russia talk on natural gas price, nuclear plants

Russia's Transneft and Rosneft have made offers to supply a Turkish oil pipeline project and other companies are also evaluating supply possibilities, Russian Deputy Prime Minister Igor Sechin said on Thursday.

"Rosneft and Transneft, they have already made their offers. (Other) Russian companies are also appraising the subject of supply," said Sechin.

Turkish Minister of Energy and Natural Resources Taner Yildiz welcomed Deputy Prime Minister of Russia Igor Ivanovich Sechin and accompanying delegation at Istanbul's Ataturk Airport.

Transneft, Russia's pipeline operator, has already said that Russian interests may get up to a 50 percent stake in the project if it is able to supply the pipeline project, jointly owned by Italy's ENI and Turkey's Calik.

Turkey and Russia have greatly strengthened their energy ties with a series of agreements that range from nuclear power to Turkish support for Moscow's South Stream pipeline and Russian backing for the Samsun-Ceyhan, aimed at delivering Russian and Kazakh oil to the Mediterranean coast over Turkey.

Yildiz said the two sides would also discuss cooperation on the construction of Turkey's first nuclear power plant, an issue Yildiz said Ankara wanted to finalise by June.

The first nuclear power plant tender was won by the only bidder -- a consortium of Russia's Inter RAO IRAO.MM, Atomstroiexport and Turkey's Park Teknik -- though the tender was later annulled by a court decision.

Government sources have said Ankara may hand the nuclear project to Russian companies without a tender if the two sides can come to an agreement on technical issues such as pricing and technology.

Yildiz also said Ankara had communicated its expectations regarding a reduction in price as well as a take or pay condition that cost Turkey dearly last year when Russian gas stopped flowing to eastern Europe in a row with Ukraine.

He said at a joint news conference with Sechin, "before Russian President Dmitriy Medvedev's scheduled visit to Turkey in May, we, as co-presidents of Turkey-Russia Joint Economic Commission, will work together on several issues. We attach great importance to our relations with Russia and aim at further improving them."

"Our talks have still been continuing with Russia for a reduction in natural gas price. They have not completed yet. Natural gas is one of the most important items in our trade volume with Russia. Turkey met 52 percent of its natural gas requirement from Russia in 2009," he said.

Agencies

Last Mod: 19 Şubat 2010, 16:52
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