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Putin, Erdogan Review Energy Cooperation Plans (Roundup)

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  • Putin, Erdogan Review Energy Cooperation Plans (Roundup)

    PUTIN, ERDOGAN REVIEW ENERGY COOPERATION PLANS (ROUNDUP)

    Monsters and Critics.com
    Jan 13 2010

    Moscow - Russian Prime Minister Vladimir Putin received his Turkish
    counterpart Recep Tayyip Erdogan for talks Wednesday, at which they
    agreed on deepening the two countries' energy cooperation.

    According to the Interfax news agency, Putin said afterwards that
    the two countries aim to bring Italy on as a partner in the planned
    trans-Anatolia oil pipeline project.

    The pipeline would link Turkey's Samsun port on the Black Sea with
    its Mediterranean coastal city Ceyhan, some 400 kilometres directly
    to the south.

    In addition, the two sides agreed to step up their efforts in the
    South-Stream gas pipeline project, Putin said.

    This project is regarded as posing competition with the Nabucco gas
    pipeline project with which the European Union aims to become less
    dependent on Russian gas deliveries.

    Additionally, Putin and Erdogan signed an agreement to construct
    Turkey's first nuclear power plant in Akkuyu, about 350 kilometres
    east of the city of Antalya. According to Russian media reports,
    the power plant should cost around 15.5 billion euros (22.5 billion
    dollars) and be completed in 2020.

    Putin also said that Russian firms would soon take a more active
    role in the privatization of Turkish energy firms, for example in
    enterprises to provide gas to Istanbul.

    Erdogan said he was enthusiastic about Russian interest in the
    trans-Anatolia pipeline, noting that, until now, Russia had focused
    more on a pipeline extending from the Black Sea to Greece via Bulgaria.

    Turning to other matters, Putin said he encouraged an ongoing
    reconciliation process between Turkey and Armenia, but said that the
    question of Armenian occupation of the Nagorno-Karabakh region of
    Azerbaijan is a question that cannot get wrapped up in the larger
    reconciliation process.

    Armenia took possession of the disputed territory in 1994.

    'Russia is interested in a speedy reconciliation,' said Putin. 'But
    every problem needs to be considered individually.'
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