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Free AccessTurkey and Israel Set to Further Gas Co-Operation
Turkey and Israel will soon begin taking joint steps in drilling projects, President Tayyip Erdogan said Thursday adding the two nations would operate energy networks to Europe through Turkey.
- It was the first meeting between Erdogan and Israels Benjamin Netanyahu met in person, a significant sign in easing relations.
- "God willing, we will take this step without much delay and we will start energy drilling operations with Israel. We will also start operating energy transfer networks to Europe through Turkey, not just to Turkey," Erdogan was cited as saying.
- Energy has emerged as a main area for potential cooperation moving forward.
- "In the meeting, opportunities for energy cooperation primarily in areas like natural gas exploration, production and trade were discussed," said Turkey's Energy Minister Alparslan Bayraktar, who participated.
To read the full story
Sign up now for free trial access to this content.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.