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Turkey holds joint energy seminar with Sweden

Business Materials 4 November 2008 17:07 (UTC +04:00)

Turkish Energy & Natural Resources Ministry Undersecretary Selahattin Cimen said on Tuesday that Turkey was searching ways to meet its rising energy need and diversify its energy resources, reported World Bulletin.

Cimen added that one of the alternatives was nuclear technology.

"Our target is to meet 8-10 percent of Turkey's electricity need from nuclear energy by 2020-25," he said.

Turkey-Sweden Energy Seminar, organized by Swedish Embassy, was held in Ankara.

Cimen said that the energy need of Turkey, as the 17th biggest economy of the world, was increasing each day. He added that the future of the world depended on energy.

Cimen said that Turkey's electricity demand in the last 20-30 years was eight percent, and it would continue to be 7-8 percent in the next 10-20 years which would be over the world, EU and OECD averages.

Noting that Turkey and Sweden showed a good cooperation and solidarity in many platforms, Cimen said that Sweden extended very much support to Turkey's EU membership process. Cimen said that trade volume between the two country was 2.6 billion USD last year.

He noted that a total of 149 Swedish companies were working in Turkey.

Swedish Embassy's undersecretary Urban Andersson said that Turkish market was one of the growing energy markets, and this growth potential would continue. Andersson said that location of Turkey made it an important supply source.

Andersson said that Sweden produced half of its electricity from hydraulic resources and the rest from nuclear and other resources.

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