Financial Times FT.com

European energy

Turkey in nuclear energy pact

By Delphine Strauss in Ankara

Published: August 7 2009 23:07 | Last updated: August 7 2009 23:07

Turkey may take a stake of up to 25 per cent in a consortium to build its first nuclear power station in a bid to salvage a mishandled tender that resulted in just one bid from Russia.

A nuclear co-operation agreement was part of the grand bargain on energy unveiled this week when Russian prime minister Vladimir Putin visited Ankara, with Turkey declaring its support for Russia’s South Stream gas pipeline project in return for the prospect of Russian oil to fill its own planned pipeline linking ports on the Black Sea and Mediterranean.

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