Under a 2017 contract, the reactors are being supplied by Russia's Rosatom, complete with a lifetime of nuclear fuel and facilities for used fuel storage.

“Türkiye, due to its geographical position, is an energy corridor from Russia, Iran, and Saudi Arabia. Any kind of natural gas or oil that is going to be transported or shipped, will cost less and will be shipped more safely,”

Europe’s gas storage sites are nearly 95% full, providing a buffer for when the weather turns colder. Reserves in the biggest gas consumer, Germany, have risen to 99%, according to Gas Infrastructure Europe.

Средняя цена на нефть марки Urals в январе-октябре 2022 года сложилась в размере $79,57 за баррель, в январе-октябре 2021 года – $67,51 за баррель.

The G7 and EU are finalizing details of a price cap that is intended to be implemented with the EU ban on seaborne Russian crude imports on Dec. 5 and Russian oil products on Feb. 5, 2023.

The recent fall in European gas prices may not last, according to Italian energy major Eni SpA. “It’s a temporary situation,” Chief Executive Officer Claudio Descalzi said in Abu Dhabi. “We have problems in 2023 because in 2023 we don’t have Russian gas.”

The push to fill storage facilities before the start of winter has been successful -- with many close to capacity. But some suppliers may now want to hold back those reserves until they can sell their stored gas at more attractive rates.

Dutch front-month gas, Europe’s benchmark, rose 3.4% to €111 per megawatt-hour at 8:57 a.m. in Amsterdam, paring some of the weekly decline.

While US fuel now makes up 40% of Europe’s liquefied natural gas imports, it will only offset a fraction of the deficit from Russia next summer,

Lower Russian supplies sent European gas prices to all-time highs in late August though prices have come down sharply as storage sites across the EU were filled to close to capacity.

Concluding the plenary part, Maksim Malyarchuk, Executive Director of the Russian-Iraqi Business Council at the Chamber of Commerce and Industry of the Russian Federation, spoke about the activities of the Council and assistance to Russian and Iraqi companies in the new conditions.

Российская сторона поддерживает повышение международной роли ФСЭГ, включая предложения расширить число участников Форума и его диалоговых партнёров.

«Россия и Катар единодушны в том, что мировая торговля энергоресурсами должна быть деполитизирована и свободна от односторонних ограничений или решений, направленных против свободного рынка», – сказал Николай Шульгинов.

Стороны рассмотрели вопросы подготовки к заседанию Межправительственной комиссии Россия – Иран, а также вопросы взаимодействия в нефтегазовой сфере, в том числе по поставкам нефти и нефтепродуктов.

Министры двух стран обсудили развитие энергодиалога по линии Российской-Алжирской межправительственной-комиссии, а также предстоящий саммит ФСЭГ, который пройдёт в 2023 году в Алжире.