Turkey will increase its natural gas imports from Russia if needed, Turkish Energy Minister Taner Yildiz said Tuesday, adding that imports from Iran won't be hit by new U.S. sanctions.
Turkey
will
increase its natural gas imports from
Russia
if
needed, Turkish Energy Minister Taner Yildiz said Tuesday, adding that imports
from
Iran
won't
be hit by new
U.S.
sanctions.
Speaking to reporters, Mr. Yildiz said
Turkey
would
need more gas to fuel its economy if gross domestic product expands more than
expected following a growth rate of 2.9% in the second quarter of this year. The
government forecasts an economic expansion of 3.2% in 2012.
Mr. Yildiz said
Turkey
wants
to diversify its natural gas and oil suppliers--the country imports oil from 11
countries and buys natural gas from five countries. "We may increase crude
oil imports from
Russia
if
needed," Mr. Yildiz said.
The comments about
Iran
come
a day after Prime Minister Recep Tayyip Erdogan said that the country wouldn't
change its position on importing Iranian gas despite the growing prospect of
tougher
U.S.
sanctions.
The
U.S.
and
Turkey
also
appear to be on a collision course over
Turkey
's
surging gold sales to
Iran
. The
Senate and Treasury seek to cut off a trade the
U.S.
believes is emerging as one of
Tehran
's
primary conduits to export natural gas and evade Western sanctions.
The Senate Friday approved a measure that would tighten sanctions against
Iran
,
targeting suppliers of materials that could be used to build ships and taking
further aim at the country's port and energy businesses.
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