Turkey Makes Another $9 Billion Bet on Russian Nuclear Power
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Turkey has secured a $9 billion investment from Russia for the Akkuyu nuclear power plant, with a significant portion expected to be deployed in 2026 and 2027, deepening Turkey's reliance on Russian energy.
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Turkey just took another very large, very deliberate step deeper into Russia’s energy orbit — and this time it comes with a $9 billion price tag. Ankara says that Russia has provided $9 billion in new financing for the Akkuyu nuclear power plant, Turkey’s first-ever nuclear facility, which is being built by Russia’s state-owned Rosatom on the Mediterranean coast. According to Energy Minister Alparslan Bayraktar, the bulk of that money will be deployed in 2026 and 2027, with as much as $4–5 billion flowing next year…
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المقال الأصلي منشور بواسطة OilPrice.com في 26 ديسمبر 2025. التحليل والرؤى المقدمة من AnalystMarkets AI.