Russian Foreign Minister Sergey Lavrov has expressed optimism about the potential collaboration between Russia and Türkiye in the construction of the planned Sinop Nuclear Power Plant on Türkiye’s Black Sea coast. In an interview with Turkish daily Hurriyet, Lavrov stated that finalizing Russia’s involvement in the project could benefit both nations, highlighting the success of their previous partnership on the Akkuyu Nuclear Power Plant.
“If it would be possible to agree on the parameters of Russia’s participation, it would be a win for both sides,” Lavrov noted. He emphasized that the decision ultimately rests with Turkish authorities. Lavrov also pointed to Russia’s resilience in the face of international sanctions, asserting that the Russian economy is projected to grow by 3.9% this year, with a notably low unemployment rate of 2.4% among major global economies.
The minister remarked on U.S. efforts to limit Türkiye and other countries’ ability to engage in joint ventures with Moscow. He underscored the importance of finding mutually agreeable solutions to facilitate ongoing cooperation. “The prospects for our practical cooperation depend on whether experts will be able to find mutually acceptable solutions in the near future,” he said.
The Akkuyu plant, currently under construction by Rosatom, Russia’s state-run nuclear corporation, is expected to launch its first reactor in 2025. This timeline has been affected by delays in receiving equipment from Siemens, a German technology firm. Turkish Energy Minister Alparslan Bayraktar confirmed that all four reactors at Akkuyu are anticipated to be operational by 2028, which will provide around 10% of Türkiye’s energy needs once complete.
Earlier this year, the site for the Sinop plant received approval, and Bayraktar stated that Rosatom is currently leading the bidding process, benefiting from its positive track record in Türkiye. The ongoing developments in nuclear energy projects between the two countries are poised to enhance their economic and energy ties in the years to come.