REUTERS - Turkey has told American officials it opposes U.S. sanctions on Iran and is not obliged to implement them, Foreign Minister Mevlut Cavusoglu said on Tuesday.

OGJ - “Russia already has improved its relations with Iran. Given its foreign policy stance toward the US, this could grow if it believes it would undermine the US position. Russia is taking a long-term view. It sees several obstacles, which it is determined to overcome.”

WNN - The $20 billion project to build the four-unit, 4800 MWe plant is part of Erdogan's '2023 Vision' marking 100 years since the founding of modern Turkey and is intended to reduce the country's dependence on energy imports. The first unit is scheduled to start operations that year, with the other three units following by 2025. The plant is expected to meet about 10% of Turkey's electricity needs.

ROSATOM - On December 10, 2017, the construction start ceremony took place at the Akkuyu NPP site under a limited construction licence issued by the Turkish Atomic Energy Agency (TAEK). Director General of the ROSATOM Alexey Likhachev, and First Deputy Minister of Energy and Mineral Resources of the Turkish Republic, Fatih Donmez, took part in the ceremony.

The government of Turkey said it will deal exclusively with the Iraqi government on oil exports after voters in the semiautonomous Kurdistan Region of Iraq supported independence in a controversial referendum.

Qatargas has agreed to sell 1.5 million tpy of LNG to Turkey’s BOTAŞ Petroleum Pipeline Corporation (BOTAŞ) over a period of three years

Iran, Russia and Turkey signed agreement on maintaining trilateral cooperation in developing oil and gas fields.

Turkstream has been promoted by Mr Putin as a way to deepenaccess to the Turkish market, which was the second biggest for Russian natural gas last year after Germany, and to support his strategic objective to bypass Ukrainian pipelines.

Although Turkey has a lack of energy reserves itself, it is a good transit state and can bring benefit to both itself and the EU through the use of alternative pipelines in different regions. Like Russia, Turkey has both problematic and good relations with the European Union, but unlike Russia it wants to be the part of Euro-Atlantic Security Community.

Rosneft and Demiroren Group Companies signed an Agreement on petroleum product supplies during 2018-2020.