Russian President Vladimir Putin has accused Ankara of shooting down a Russian warplane to protect supplies of oil from ISIL to Turkey.

Russian President Vladimir Putin has accused Ankara of shooting down a Russian warplane to protect supplies of oil from the Takfiri group, ISIL (so-called Islamic State of Iraq and the Levant) to Turkey.

On the sidelines of a global climate change conference near Paris on Monday, Putin said the downing of the plane was a "huge mistake".  

"We have every reason to think that the decision to shoot down our plane was dictated by the desire to protect the oil supply lines to Turkish territory," the Russian president said.

"We have received additional information which unfortunately confirms that this oil, produced in areas controlled by [ISIL] and other terrorist organizations, is transported on an industrial scale to Turkey."

On November 24, Turkey shot down a Russian Sukhoi Su-24M jet inside Syria, claiming that the aircraft violated the Turkish airspace. Russia rejects Turkey’s claim. The aircraft was on a mission targeting terrorists in Syria.

The aircraft’s two pilots ejected as it was going down in flames. Peshkov was killed by militants in Syria, while the second was picked up by the Syrian army, and has already spoken to Russian media.

Earlier on Monday, the Kremlin said that Russian strongman has rejected a meeting with Turkish counterpart, Recep Tayyip Erdogan on the sidelines of Paris summit.

Also on Monday, Turkish Prime Minister Ahmet Davutoglu again refused to apologise for the downing of the plane near the Syrian border last Tuesday.