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RF’s gas price discount for Turkey profitable – Minister of Energy

January 12, 2012, 2:45 UTC+3

The recent agreements on lowering the gas prices will be valid through to 2025

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ANKARA, January 12 (Itar-Tass) —— The price discount for gas, which Russia is giving to Turkey, is very profitable for the country, Turkey’s Minister of Energy and Natural Resources Taner Yildiz said on Wednesday.

“This price discount will make us equal to European countries,” he said. The minister said that earlier Turkey had paid for the gas more than European countries had. The recent agreements on lowering the gas prices will be valid through to 2025, he said. However, he did not mention the rate of the discount explaining it was a commercial secret.

Speaking about Japan’s construction of a nuclear power plant in Turkey, Yildiz said that in spring of the current year Turkey would sign an agreement on peaceful use of nuclear energy.

“We would like to sign agreements of the kind with the countries, with which we are negotiating construction of nuclear power plants. We have such agreements with Russia and the US, with several neighbouring countries, but not with Japan as yet,” Yildiz said.

Turkey has the Akkuyu nuclear power plant project in Mersin Province. The plant is constructed by Russia. Besides, Turkey’s ministry of energy is planning another nuclear power plant in the north of the country in Sinop Province. Japan is considered to be a promising partner for the project, but the minister said it was too early to speak about any details regarding beginning of the project itself.


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