Turkish Minister of Energy and Natural Resources Taner Yildiz said that Turkey is not going to buy less than 105,000 barrels of Iranian oil a day.
Turkish TUPRAS oil refining company has earlier imported 130-140 barrels of Iranian oil a day, Minister said.
Turkey and Iran intend to renew the agreement on oil deliveries, because it has expired in August 2013.
Next year just like this year Turkey will buy about 5 million tons of oil in Iran (100,000 barrels a day).
In the past 10 years demand in energy carriers in Turkey has doubled and in the coming ten years it will double again, reported Iran.ru.—0—
Economics
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The 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change has taken a significant step towards a unified global response to climate change. On the first day of discussions in Baku, participating countries reached a historic agreement on the rules governing the creation and trade of carbon credits. This decision paves the way for the launch of multibillion-dollar carbon credit markets, to be overseen by the United Nations, potentially as soon as next year.
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The State Oil Company of Azerbaijan (SOCAR), Albania’s Ministry of Infrastructure and Energy, and Albanian gas company Albgaz signed a memorandum of understanding (MoU) on Sunday in Baku during the 29th session of the UN Climate Change Conference (COP 29).
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The Green Energy Corridor project, aimed at delivering green energy from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, and Bulgaria, has entered the investment assessment phase, according to Georgian Deputy Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili.
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Azerbaijan’s state oil company SOCAR and Italy’s Italgas signed a cooperation agreement on Sunday during the 29th session of the United Nations Framework Convention on Climate Change (COP29), aimed at accelerating the energy transition.
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