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Thursday, January 27, 2011     GET REAL

Iran turns to Turkey for help with energy projects

ANKARA — Iran, under U.S. sanctions, has offered Turkey several energy development projects.


Turkish Energy Minister Taner Yildiz said the Teheran regime has proposed that Ankara help develop several crude oil and natural gas fields over the next year.

Yildiz said his government would relay the proposal, which would require an investment of up to $200 million, to Turkish energy developers.

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Yildiz said the Iranian fields were small and did not elaborate. He said the latest Iranian offer came after Teheran suspended a project for Turkey to develop three large Iranian gas fields.

"The decision was made purely on technical grounds," Yildiz said on Jan. 24.

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