Turkish Prime Minister Ahmet Davutoglu said that falling oil prices were a chance of Turkey to strengthen its economy. Turkish Minister for Energy and Natural Resources Taner Yildiz said earlier that Turkey was saving $32.6 million every year from falling oil prices, Trend reports.He added that the country could make a profit of $11.9 billion from the difference in currency prices.According to EPDK, the Turkish structure regulating the energy market, the country imported 18.55 million tons of oil for processing factories, 2.09 million tons were supplied by Turkey’s own industry.
Turkish Prime Minister Ahmet Davutoglu said that falling oil prices were a chance for Turkey to strengthen its economy. Turkish Minister for Energy and Natural Resources Taner Yildiz said earlier that Turkey was saving $32.6 million every year from falling oil prices, Trend reports.
He added that the country could make a profit of $11.9 billion from the difference in currency prices.
According to EPDK, the Turkish structure regulating the energy market, the country imported 18.55 million tons of oil for processing factories, 2.09 million tons were supplied by Turkey’s own industry.
