Turkey floats ‘new cooperation’ with Iran after gas find | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

Turkey floats ‘new cooperation’ with Iran after gas find

Turkey says its largest-ever natural gas discovery in the Black Sea could lead to new cooperation with Iran even as Ankara aims not to be just a buyer, but also a producer.

Turkey is dependent on imports for almost all of its energy needs and Iran is a key supplier of Ankara’s natural gas purchases which generate nearly 40 percent of the country’s electricity production.

“The countries we have been cooperating with for years are Iran and Russia. This new period for Turkey may lead to new cooperation with these countries,” Turkish Finance Minister Berat Albayrak said in a televised interview on NTV Tuesday.

Turkish President Tayyip Erdogan said on Friday his country was determined ultimately to become a net energy exporter as he announced the discovery of a 320 billion cubic meter natural gas field that could come on stream as soon as 2023.

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