ISTANBUL Turkey’s row with Moscow more than the downing of a Russian jet more than Syria has not affected joint power projects, Turkish President Tayyip Erdogan mentioned on Saturday.
Russia has imposed trade sanctions against Turkey, including freezing investment projects and restricting food imports, right after the Turkish air force last week shot down a Russian fighter bomber near the Syrian border as it took component in the Kremlin’s campaign against militants in Syria.
Russia buys about $ 1 billion worth of Turkish food and other items annually and is Turkey’s No. 1 power provider, shipping gas, coal and oil. It is also due to create Turkey’s first nuclear power station in the town of Akkuyu, a deal worth $ 20 billion.
“There is no sign yet that the problems with Russia will have an effect on projects like natural gas and the Akkuyu nuclear power plant,” Erdogan said in a speech to businessmen that was broadcast reside by NTV news channel.
He denied Russian assertions that Moscow had suspended talks with Turkey on the planned TurkStream all-natural gas pipeline project, saying Turkey was the one particular to halt operate.
“Do not believe the erroneous press reports that Russia has halted TurkStream. Just the opposite. This is a project that we shelved simply because our demands were not meant,” he stated.
“No negativity has resulted from the problems we have not too long ago faced,” he mentioned. “Turkey will not collapse due to the fact of your imports of $ 1 billion. Who cares if you acquire it or not? We’ll find other sources behind different doors.”
Turkey is seeking to acquire further gas from Qatar and Azerbaijan ought to Russian supplies decline, he stated. It will also pursue renewable, domestic sources.
(Reporting by Ayla Jean Yackley Editing by Susan Fenton)