BREAKING NEWS

Turkey continuing to import Iranian natural gas, oil

By JPOST.COM STAFF

DECEMBER 26, 2012 17:01

Turkey will continue to purchase natural gas from Iran despite efforts by the West to increase economic pressure on Tehran, AFP quoted Turkish Energy Minister Taner Yildiz as saying Wednesday.

"It is out of question for us to take a step backward," Yildiz reportedly said, before qualifying that Ankara had "not been asked to take such a step."

Tehran supplies some 20% percent of the gas Turkey consumes.

With respect to Iranian oil, Yildiz also confirmed Wednesday that Turkish company TUPRAS continues to import crude from Iran.

On December 7, the US extended to nine countries an exemption from sanctions designed to choke Iran's oil exports, including Turkey.

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