TUPRAS severs contracts with IranOctober 4, 2010 - 09:56 AMT PanARMENIAN.Net - The Turkish Petroleum Refineries Co., TUPRAS, has decided to discontinue its activities in Iran's energy sector under the pressure of the U.S. Department of State. Meanwhile, Turkish Energy and Natural Resources Minister Taner Yildiz said that the decision followed the privatization of the company. “It was the decision passed by the TUPRAS’s management. However, the resolutions, related to fuel supply of the said nuclear power plants, bind us in legal sense. The U.S. itself has some sanctions regarding petroleum products. There is the trade of the private sector here. The private sector may continue its commerce or not. Turkey does not have any sanction or statement in this respect,” he said. Turkish Foreign Minister Ahmet Davutoglu said the Ministry did not receive any information regarding TUPRAS’s termination of its operations in Iran. Noting that Turkey always obeys the decisions of the UN Security Council, Davutoglu said Turkey is not obliged to abide by any unilateral decisions. “Iran is an important neighbor of ours and we have important trade and energy connections,” he said, Hurriyet Daily News reported. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Viva: Armenia's leading technology company introduces a new trademark The updated brand Viva reflects a qualitatively new level of digital services. Turkey restoring 500-year-old Surp Sarkis Armenian Church During the program, Sahak Maşalyan, the Patriarch of Türkiye's Armenians, inspected the historic church and offered prayers. Cumulative deposit on flexible terms: Byblos Bank Armenia's new offer Once the deposit is fixed, it can be topped up at any time, and interest will be accrued quarterly. BSEC Secretary General due in Armenia on July 1 On July 1, the Secretary General of the Black Sea Economic Cooperation Organization (BSEC) Lazar Comanescu will pay a working visit to Armenia. |