Don't miss

Replay


LATEST SHOWS

TALKING EUROPE

Juncker and Schulz debate the future of Europe

Read more

MEDIAWATCH

Hillary wins debate but Trump 'wins undecideds'

Read more

THE DEBATE

Who won? The impact of first Clinton-Trump debate (part 1)

Read more

THE DEBATE

Who won? The impact of first Clinton-Trump debate (part 2)

Read more

EYE ON AFRICA

Abubakar Shekau says he is still leading Boko Haram

Read more

FOCUS

Video: 'Buy Black' movement gains momentum in US

Read more

ENCORE!

Reality Hunger: David Shields does away with novelistic convention

Read more

THE INTERVIEW

Women terrorists are 'probably the wave of the future', says ex-CIA agent

Read more

ACCESS ASIA

India: The dangers of working in leather factories

Read more

Business

Turkey looks to Russian oil as Iranian exports dwindle

Text by HÜRRIYET DAILY NEWS

Latest update : 2012-12-03

Russian President Vladimir Putin arrived in Turkey on Monday for talks on energy and trade as Ankara seeks to replace declining oil exports from Iran. The two countries are looking to boost bilateral trade to $100 billion a year.

Russian President Vladimir Putin arrived in Turkey on Monday for talks on energy and trade as Ankara seeks to replace declining oil exports from Iran.

Russian Energy Minister Alexander Novak earlier indicated the country would be willing to increase gas supplies if Turkey made an official request and a deal could be agreed. A total of nine deals are expected to be signed during the Russian mission to Turkey.

The countries are looking to boost bilateral annual trade from today's $32 billion to $100 billion a year.

Click here to read more on Hürriyet Daily News

 

Date created : 2012-12-03

COMMENT(S)