UPDATE 1-Turkey may eye alternative to S.Korea nuclear plant | Energy & Oil | Reuters

* South Korea must take steps to secure deal

* Turkey plans to make decision on plant by end-Dec

(Adds quotes, details, background)

By Orhan Coskun

ANKARA, Nov 10 (Reuters) – Turkey may assess bids from Europe and other countries to build a nuclear power plant on the Black Sea if it fails to reach a deal with South Korea on the project, Energy Minister Taner Yildiz said on Wednesday.

He said talks on the planned plant at Sinop in northern Turkey would continue at the G-20 meetings in Seoul, but that a deal with South Korea would not be possible if that country failed to take the necessary action in negotiations.

Yildiz said that issues such as shareholdings, investment volumes and guarantees needed to be clarified.

“As Turkey, we have reached the final possible point in talks with South Korea on a nuclear power plant. In our contacts, South Korea must take a step for there to be an agreement,” Yildiz told Reuters.

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