Turkey transfers fuel oil to Libya

Turkish Energy & Natural Resources Minister Taner Yildiz has said Turkey was sending fuel oil to Libya as part of an oil supply deal with Libyan Transitional National Council. Taner Yildiz said Turkish Petroleum International Company (TPIC), a subsidiary of Turkey's state-owned oil and gas exploration company Turkish Petroleum Corporation (TPAO), had shipped 10,000 tons of fuel oil to Libya so far. "We are planning to send 18,000 tons more fuel oil to Libya," Yildiz told reporters in Ankara. Commenting on nuclear talks with Japan, Yildiz said Japanese executives would visit Turkey to exchange views about the course of cooperation on nuclear power plant planned to be constructed in the northern province of Sinop. Turkey has been engaged in talks with Japan since last year to build country's second nuclear power plant in Sinop in the north. However, talks were interrupted after the massive earthquake that hit Japan last March. Moreover, Yildiz said Turkish Pipeline Transportation Corporation (BOTAS) would negotiate market prices, gas amount sold to Europe, pricing of that sold gas with Russian Gazprom company till the end of August. Minister Yildiz said Turkey would also negotiate a reduction in natural gas prices with executives of the Russian company. Yildiz's remarks came after Gazprom cut down the price of natural gas it was selling to Italian EDISON company.