Tag Archives: Berat Albayrak

An intergovernmental agreement between Russia and Turkey on cooperation in construction and operation of the Akkuyu plant was signed in 2010.

The project. which has a minimum life expectancy of 50 years. has already had one of its EIA reports while other studies on its environmental and safety impacts still continue.

The country started its seismic energy exploration in eastern Mediterranean on April 21 in line with the government’s ``National Energy and Mining Policy.``

The agreement was signed at the 9th international forum ATOMEXPO 2017 in Moscow in June.

One of the main consequences here is the exploration by Turkish vessel Barbaros Hayrettin Pasa.

TANAP project will be completed and the TAP Trans-Adriatic gas pipeline will be completed in 2020. then supply of Azeri gas in Europe will begin.

Turkey has been heavily investing in infrastructure projects to reinvigorate country’s transportation infrastructure.

In the newly signed contract. Azerbaijan’s share of the oil will be 75 per cent. and bonus payments by foreign investors will reach $3.6 billion.

Currently. 600 hydroelectric power plants operate in Turkey.

Albayrak said that Turkey would have three nuclear reactors by 2030 with the first to commence work in 2023.