Turkey to replace Iranian oil with Saudi Arabian

Turkey plans to replace Iranian oil with Saudi Arabian. Petroleum Minister of Saudi Arabia Ali Al Nahimi promised to cover oil deficit during his visit to Turkey, Trend reports.

Turkey reduced oil imports by 22% in July 2012, compared with June, to 1.4 million tons, according to EDPK.

Oil imports in January-July 2012 dropped by 1.8%, compared with the same period in 2011, to 10.6 million tons.

Adapted from Vestnik Kavkaza