Subscribe free to our newsletters via your
. GPS News .




ENERGY TECH
Minister says Turkey will keep buying gas from Iran
by Staff Writers
Ankara (AFP) Dec 26, 2012


Turkey will keep buying natural gas from neighbouring Iran as Western allies raise pressure over Tehran's disputed nuclear programme, Energy Minister Taner Yildiz said on Wednesday.

"It is out of question for us to take a step backward," Yildiz was quoted as saying by the Anatolia news agency. "Furthermore, we have not been asked to take such a step."

Iran is Turkey's second biggest natural gas supplier after Russia, and Yildiz said that Tehran supplies 18-20 percent of the gas that Turkey consumes.

On November 30, the US Senate unanimously approved new economic sanctions aimed at further crippling Iran's energy, shipping and port sectors a year after the Congress passed tough restrictions against Tehran.

The latest US proposal is expected to sail through the US House of Representatives and be signed into law by President Barack Obama.

Iran's economy is struggling to cope with tightening sanctions imposed by the United States and the European Union over the past two years.

An EU measure which took effect in July halted European purchases of Iranian crude oil, and has since caused Tehran's oil exports to Asian customers to decline by between 10-30 percent.

On December 7 however, the United States extended exemptions from sanctions designed to choke Iran's oil exports to nine major economic powers, including Turkey, China, Taiwan, India and South Korea.

Yildiz noted on Wednesday that the Turkish oil refiner TUPRAS has continued to import crude oil from Iran.

"Unlike some European countries, Turkey is not a country which imports three-five percent of its needs from Iran," the minister explained in a reference to crude oil shipments.

"Last year, Turkey met almost half of its needs from Iran. It is an important source of imports therefore."

Yildiz added that Turkey had bought more oil from Libya, Saudi Arabia and Russia to make up for declining crude imports from Iran due to US-EU sanctions.

.


Related Links
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








ENERGY TECH
Iran begins naval war games: reports
Tehran (AFP) Dec 25, 2012
Iran on Tuesday launched naval manoeuvres in the Gulf, and announced plans for another exercise in the strategic Strait of Hormuz later this week, media reports said. Revolutionary Guards naval units began a four-day exercise inside Iranian waters at South Pars, a joint gas field between Iran and Qatar, a Guards spokesman was quoted as saying by the Fars news agency. The drill, dubbed "F ... read more


ENERGY TECH
Even in same vineyard, different microbes may create variations in wine grapes

What's in a name? Everything for Farmers

Bumblebees do best where there is less pavement and more floral diversity

Why some grasses evolved a more efficient photosynthesis and others didn't

ENERGY TECH
Marvell hit with billion-dollar verdict in patent case

Physicists take photonic topological insulators to the next level

China shows electronic circuit advance

Taiwan's UMC to buy majority stake in Chinese firm

ENERGY TECH
NASA Is With You When You Fly

Taiwan upgrades dozens of fighter jets

Boeing to Provide 2 More C-40A Transport Aircraft to US Navy

Taiwan's China Airlines to buy six Boeing planes

ENERGY TECH
Sweden's second city introduces road toll to cut traffic

System will let smartphone control car

ChargePoint and DBT USA to Showcase Joint Electric Vehicle Charging Station Innovation

Toyota in $1.1 bn deal with US owners over recalls

ENERGY TECH
Taiwan's Fubon to invest $1.03 billion in Chinese bank

Asia's long-stay schemes lure foreigners

Australian lawyer in Mongolia graft probe cleared: firm

Japan's new China envoy urges stronger economic ties

ENERGY TECH
World's smelliest and largest flower blooms in Brazil

Amazon deforestation brings loss of microbial communities

Deforestation in the Amazon equals net losses of diversity for microbial communities

Death of hemlock trees yields new life for hardwood trees, but at what cost to the ecosystem?

ENERGY TECH
Satellites eye Great Lakes invasive plant

Turkey Steps up Collaboration with Astrium Services For SPOT 6 And SPOT 7 Data

Eighth Landsat Satellite Arrives At Launch Site

Eighth Landsat Satellite Arrives at Launch Site

ENERGY TECH
Britain to fund graphene research efforts

Synthetic and biological nanoparticles combined to produce new metamaterials

Nanocrystals Not Small Enough to Avoid Defects

Nature Materials Study: Boosting Heat Transfer With Nanoglue




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement