Turkey to extend Iran deal on oil imports
Turkey plans to extend an agreement with Iran on oil imports, the Lira online newspaper quoted Turkish Energy Minister Taner Yildiz as saying, Trend news agency reported.
According to Yildiz, until August 2013, Turkey is not going to increase oil supplies from Iran. Instead, Ankara turned to Libya with a request to increase oil supplies up to 10 million barrels, compared to the current seven million barrels.
Earlier in its report the Energy Market Regulatory Authority of Turkey (EPDK) said that oil imports into Turkey in October 2012 increased by one per cent compared to the previous month, amounting to 1.76 million tons.
Oil imports increased by five per cent in January-October 2012 compared to the same period in 2011, amounting to 16.2 million tons.