Turkey Working with Japan for New Nuclear Plants

- Edited By Tom Lamar -

According to news reports, Japan and Turkey signed a MOU for cooperation on development of new nuclear power plants in Turkey.

The non-binding agreement was signed in Tokyo between Japanese Economy, Trade and Industry Minister Akihiro Ohata and Turkey's visiting Energy Minister Taner Yildiz.

Turkey had negotiated with South Korea on the construction of the plant, but the talks have been held up since last month by disagreement on the terms, creating an opening for rival high-tech player Japan.

Turkey has said it remains open to proposals from other companies if better terms are offered for the project.

Turkey hopes to build four nuclear reactors at Sinop while the details of a possible contract are still subject to negotiations, the official added.

Ankara hopes to have nuclear plants up and running in at least two regions in 2023.

Turkey signed a deal worth 20 billion dollars with Russia in May to build its first nuclear power plant, at Akkuyu on the southern Mediterranean coast.

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