Turkey sees no new oil deal with Iran: Minister

ISTANBUL - Anadolu Agency

Turkish Economy Minister Taner Yıldız has said Turkey is not seeking any new deals with Iran for now. AA photo

Turkish Energy Minister Taner Yıldız has announced that no new oil agreement has been reached with Iran, while noting that Ankara is open to offers ahead of his visit to the energy-rich country with Prime Minister Recep Tayyip Erdoğan.

Speaking at the Industrial Cooperation and Energy Projects meeting in Istanbul on Jan. 28, Yıldız said Turkey’s crude oil purchases from Iraq currently outstripped all imports from Iran, and added that there were no plans to increase the trade.

“In the upcoming period, of course, we will be able to sit and talk about the oil and gas amounts [that Turkey buys from Iran],” he said, stressing Turkey was “not rushing” to conduct business with Iran despite the partial relief in international sanctions on Tehran.