Turkey inks $12b energy project with UAE

  • 03/01/2013

  • Daily Star (Bangladesh)

Turkey yesterday signed an agreement with the United Arab Emirates for the development of coal fields in southern Turkey to generate electricity. The agreement between Abu Dhabi-based TAQA and Turkey's state-run power company EUAS marks the biggest Arab investment in the Turkish energy sector, a senior energy ministry official told AFP. The government plans to build three nuclear power plants in hopes of preventing a possible energy shortage and reducing dependence on foreign energy supplies.