Russia and Turkey have agreed to support joint projects in the oil sector

15:49; 27 June 2025 year

Russia and Turkey have reached an agreement to support joint projects in the oil sector, including initiatives in third countries. The relevant information is contained in the protocol of the Russian-Turkish intergovernmental commission, which took place on June 27 in Moscow.

According to the document, the parties expressed their willingness to support projects and develop cooperation opportunities between companies of both countries operating in the oil sector. Special attention is paid to joint projects in third countries and to improving the conditions of cooperation to expand trade and investment opportunities.

The protocol also highlights the stability of Russian oil supplies to Turkey.

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