Don't miss

Replay


LATEST SHOWS

BUSINESS DAILY

Market sell-off resumes as bank shares plunge

Read more

INSIDE THE AMERICAS

US presidential race: Outsiders sweep to victory in New Hampshire

Read more

IN THE PAPERS

South Carolina primary looks to be 'bare knuckle brawl'

Read more

IN THE PAPERS

First hurdle cleared in bid to amend French constitution

Read more

BUSINESS DAILY

'Sombre but sober' atmosphere at mining conference as profits sink

Read more

EYE ON AFRICA

US accuses Kigali of 'destabilizing activities' in Burundi

Read more

MEDIAWATCH

Bernie Sanders fires up the grass roots

Read more

THE DEBATE

Rage against the machine: Trump and Sanders win big in New Hampshire primary (part 2)

Read more

THE DEBATE

Rage against the machine: Trump and Sanders win big in New Hampshire primary (part 1)

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)