European Union and Turkey have agreed to intensify cooperation in the energy sector.
This was agreed when EU Commissioner for Enlargement and European Neighborhood Policy Štefan Füle and Commissioner for Energy Günther Oettinger met with Turkish Minister for EU Affairs and Chief Negotiator Egemen Bagis and Energy Minister Taner Yildiz in Istanbul on Thursday to discuss intensified EU-Turkish cooperation in the energy sector.
In the meeting, both sides underlined the importance of opening the energy chapter, while agreeing that closer cooperation in areas such as market integration (both electricity and gas) including development of infrastructure and secure transport of gas, the promotion of renewable energy and energy efficiency, is mutually beneficial.
The two sides also agreed that EU-Turkey energy relations can benefit from a regular dialogue on neighboring energy markets.
A joint working group will now start to develop a roadmap by May 2012 to identify the concrete actions for intensified cooperation in agreed areas.
The closer cooperation on energy forms part of the comprehensive positive agenda, complementing and building on the accession process and not replacing it, to accompany reforms in Turkey and further strengthening cooperation and mutual engagement, to the benefit of Turkish and European citizens.
Turkey is a prospective candidate for European Union membership.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.