Turkey expects nuclear deal with S.Korean firm by late August

Turkey wants to build two nuclear plants, one in the northern coast and the other in Akkuyu town on southern coast of the country.

Turkey expects nuclear deal with S.Korean firm by late August

Turkey, which is in talks with South Korea's state-controlled utility KEPCO to build a nuclear power plant, expects an agreement by the end of this month, Turkey's energy minister said on Thursday.

Taner Yildiz, however, said, "there are four or five major topics. We have not reached an agreement on some of them yet. Maybe we cannot agree at the end."

Turkish and South Korean officials got together last week in Ankara and they will have one more meeting next week as part of ongoing negotiations aiming to build a nuclear power plant in northern province of Sinop on the Black Sea coast.

Turkey wants to build two nuclear plants, one in the northern coast and the other in Akkuyu town on southern coast of the country.

In May, during Russian President Dmitry Medvedev's visit to Ankara, Turkey inked a $20 billion deal with Russia for construction of Akkuyu plant.

Taner Yildiz said construction of two plants would be a well-balanced project plan for power distribution in the country.

Yildiz also said that the government was not willing to make an energy investment that could have an effect on country's macro-economic situation, adding that government's stake in nuclear plants was projected as 25 percent for each.


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Last Mod: 06 Ağustos 2010, 10:52
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