Saturday, 7 December 2013

Qatar said to mull Turkish power plant investment

(Photo for illustrative purposes only)
(Photo for illustrative purposes only)
Gulf Arab state Qatar is considering investing in Turkey's Afsin-Elbistan coal-fired power plant project, which the UAE dropped out of this year, the Turkish energy minister said on Thursday.
Turkey is keen to make the most of its own coal resources to reduce its dependence on imported natural gas, and Energy Minister Taner Yildiz said that the talks could result in a deal being agreed within two to three months.
"We see that Qatar has intentions about this. We have held very good meetings," Yildiz told CNN Turk television, referring to his and Prime Minister Tayyip Erdogan's meetings in Doha on Wednesday.
Abu Dhabi National Energy Co (TAQA) and Turkey's state-owned Electricity Generation Company in January agreed on a $12 billion project to build several power plants using lignite coal reserves inTurkey's Afsin-Elbistan region

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