Prime Minister Ahmet Davutoglu said Saturday energy related issues would top Turkey's agenda during its G20 presidency term.

Davutoglu made the remarks in a speech at the closing session of the sixth Atlantic Council Energy and Economic Summit in Istanbul.

Turkey is set to take over the 2015 term-presidency of the G20 group in December.

"Energy is going to be one of the important items of Turkey's G20 presidency," he said.

He added that energy was essential for all countries.

"Around half of humanity does not have access to power. When we start our G20 presidency, we will take steps to improve the situation for all humanity," he said.

The G20 is a forum of the world's richest nations,including 19 individual countries -- Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States -- and the European Union.

The premier also highlighted the importance of U.S. and Turkey relationship, especially in the current backdrop of regional turmoil. He said cooperation between both sides had become even more vital because of the recent Arab Spring and the geopolitical crises that resulted in its aftermath.

"The cooperation between the two countries is needed even more in these days," Davutoglu said. "Especially for energy and economy, we know that crises are becoming intense in our region," he added.

About Iraq, Davutoglu said Turkey wanted to see an inclusive political structure in the country.

"Iraq should not be a victim of terror, the country should be talked for its wealth," he said.

"Iraq can become the fastest-growing country in the world if stability is achieved. It is the luckiest country in the Middle East in terms of its rich natural sources and big population," the premier said.

About Iran and Ukraine, Davutoglu said "these are two countries which are encountering serious regional problems."

The prime minister also praised the summit. "I am sure the Atlantic Council Summit is contributing in resolution of turbulence in the war-torn regions," he said.

The Atlantic Council Energy and Economic Summit began on Nov. 19. It hosted discussions on a variety of topics, including energy security, global energy outlook, demand and supply, oil and natural gas, energy finance and investments, and renewable energy sources.

Anadolu Agency