Announcement

Collapse
No announcement yet.

Medvedev Hails Energy Cooperation With Turkey

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Medvedev Hails Energy Cooperation With Turkey

    MEDVEDEV HAILS ENERGY COOPERATION WITH TURKEY

    RIA Novosti
    January 13, 2010
    Barvikha

    Russian President Dmitry Medvedev praised energy cooperation with
    Turkey on Wednesday and said he looked to joint efforts in addressing
    regional disputes.

    Meeting with visiting Turkish Prime Minister Tayyip Erdogan at his
    country residence near Moscow, Medvedev highlighted joint gas and
    oil projects: "We are happy to maintain serious cooperation in this
    sphere."

    Russia and Turkey signed energy deals in August 2009, which will
    support Turkey's drive to become a regional hub for gas and oil
    transits while helping Moscow diversify supply routes and potentially
    maintain its monopoly on natural gas shipments from Asia to Europe.

    Turkey allowed Russia's Gazprom to use its sector of the Black Sea
    for the South Stream pipeline to pump Russian and Central Asian gas
    to Europe bypassing Ukraine. And Russia agreed to join a consortium
    to build the Samsun-Ceyhan oil pipeline from the Black Sea to the
    Mediterranean.

    The two states also agreed to expand the existing Blue Stream gas
    pipeline for possible shipments via Turkey to Cyprus and Israel.

    Russia was also reported to be seeking to take part in the construction
    of Turkey's first nuclear power plants.

    Echoing the Russian leader, Erdogan highlighted the importance of
    energy ties and said their countries enjoy "an exemplary cooperation"
    in the sector.

    Medvedev said he hoped Erdogan's current visit will promote "stronger
    ties between our countries," which he said were important for
    "addressing complicated regional problems."

    Turkey upset its close ally Azerbaijan by agreeing to open diplomatic
    relations with Armenia late last year.

    The two bitter rivals have been locked in a dispute over Nagorny
    Karabakh since before the breakup of the Soviet Union. Russia has
    been driving efforts to reach a settlement in the conflict over
    the ethnic-Armenian region in Azerbaijan, which has been de facto
    independent since the 1990s.

    Meeting with Erdogan later on Wednesday, Russian Prime Minister
    Vladimir Putin said global economic recession sent Russian-Turkish
    trade down 40% last year, from its all-time high of $35 billion
    in 2008, but Turkey remains one of Russia's key trade partners,
    outpacing the United States and Britain.
Working...
X