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Minister Bayraktar is holding contacts in Moscow within the scope of Russian Energy Week events.
Minister of Energy and Natural Resources Alparslan Bayraktar met with Russian Deputy Prime Minister Alexander Novak in Moscow, where he was part of the Russian Energy Week.
In his post on his social media account, Minister of Energy and Natural Resources Alparslan Bayraktar said, "We had a productive meeting with Russian Deputy Prime Minister Mr. Alexander Novak on the margins of the Russian Energy Week. During our meeting, we discussed the progress of our current projects and evaluated our new cooperation opportunities in the fields of nuclear energy and hydrocarbons. We continue our determination to develop our energy partnership with Russia based on mutual trust, long-term strategic vision and the will to shape regional stability together."
Russian Energy Minister Novak attended the Russian Energy Week held in Moscow and stated that there is a significant supply deficit in the global diesel market and evaluated that this deficit has reached approximately 25% of world trade. He also cited the increase in diesel prices, the inability to ship from Persian Gulf countries to foreign markets, and Russia's ban on diesel exports to support the domestic market.

In her speech at the EU Leaders Summit in Brussels, EU Commission President Ursula von der Leyen emphasized that the cost of fossil fuel imports increased by 106 billion euros and the increases in natural gas and diesel prices. He announced that oil and diesel reserves would be released, the temporary public aid framework would be extended, and the implementation of methane regulation would be postponed by 1 year. He stated that the EU's refinery capacity will be increased, joint energy procurement will be strengthened and the transition to nuclear and renewable energy is necessary. He said that the trade imbalance with China is 1 billion euros a day and that the 'Diversify EU' tool will be introduced. He also criticized that the flexibility in the long-term budget was reduced by 50%.
Rosatom General Manager Alexey Likhachev said that the physical start-up process planned for the second half of December at the Akkuyu Nuclear Power Plant, within the scope of the Russian Energy Week held in Moscow, is progressing according to schedule, that they hope to move from the construction phase to the commissioning phase by the end of the year, and that the right to choose the options of working with Turkish investors belongs to the Turkish government.

Minister of Energy Alparslan Bayraktar met with Russian energy sector representatives in Moscow within the scope of Russian Energy Week and discussed the progress of current projects, nuclear energy and hydrocarbon cooperation opportunities, natural gas and LNG. He also met with Turkish nuclear engineers studying in Russia and gave information about the number of employees at the Akkuyu Nuclear Power Plant and their future plans.

Minister of Energy Alparslan Bayraktar evaluated the crises in energy markets, Türkiye's energy policies and cooperation with Russia at the main session of the Russian Energy Week held in Moscow. Emphasizing the importance of the TurkStream pipeline, Bayraktar stated that Türkiye plans to reach at least 20 GW nuclear capacity in the 2050 target and that the construction of 4 reactors at the Akkuyu Nuclear Power Plant with Rosatom is continuing.

Current gasoline, diesel and LPG figures have been announced for Istanbul, Ankara and Izmir, as fuel prices change with exchange rates, oil prices and tax increases.