Jigs
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Monday, January 24, 2011
ANKARA - Hürriyet Daily News
Turkey is considering greater involvement in Venezuela’s energy sector as part of its quest for cheaper oil imports, Energy Minister Taner Yıldız has said.
“Venezuela offered Turkey two oil fields in return for its cooperation in a series of construction projects. They are also positive about selling oil products to Turkey,” Yıldız recently told reporters.
Touching on a recent visit to Venezuela, Yıldız said Turkey could possibly invest up to $2.4 billion in Venezuela in exchange for oil products from the South American nation. While Turkey would undertake transportation of the oil products, Venezuela has said it wants to build a series of depots in Turkey capable of accommodating up to 4 million barrels of oil, the minister said.
A technical delegation is set to visit Venezuela between Feb. 10 and 11 to discuss the details of the construction projects, which are slated to be carried out by Turkey's Housing Development Administration, or TOKİ, Yıldız said.
Venezuelan President Hugo Chavez also wants to visit Turkey, the ministry said.
Chavez has applauded Turkey’s dynamism, Yıldız said. “He said he appreciated Prime Minister Recep Tayyip Erdoğan a lot, since the prime minister liked the poor,” he said. “Chavez showed the bullet holes on the walls of his presidential palace and said he was one of the youngsters shooting the palace at the time. I asked if he had thought one day he would use the palace. Chavez said, ‘No.’”
ANKARA - Hürriyet Daily News
Turkey is considering greater involvement in Venezuela’s energy sector as part of its quest for cheaper oil imports, Energy Minister Taner Yıldız has said.
“Venezuela offered Turkey two oil fields in return for its cooperation in a series of construction projects. They are also positive about selling oil products to Turkey,” Yıldız recently told reporters.
Touching on a recent visit to Venezuela, Yıldız said Turkey could possibly invest up to $2.4 billion in Venezuela in exchange for oil products from the South American nation. While Turkey would undertake transportation of the oil products, Venezuela has said it wants to build a series of depots in Turkey capable of accommodating up to 4 million barrels of oil, the minister said.
A technical delegation is set to visit Venezuela between Feb. 10 and 11 to discuss the details of the construction projects, which are slated to be carried out by Turkey's Housing Development Administration, or TOKİ, Yıldız said.
Venezuelan President Hugo Chavez also wants to visit Turkey, the ministry said.
Chavez has applauded Turkey’s dynamism, Yıldız said. “He said he appreciated Prime Minister Recep Tayyip Erdoğan a lot, since the prime minister liked the poor,” he said. “Chavez showed the bullet holes on the walls of his presidential palace and said he was one of the youngsters shooting the palace at the time. I asked if he had thought one day he would use the palace. Chavez said, ‘No.’”
