ENERGY - #UAE drags feet on huge energy project in #Turkey

ENERGY - UAE drags feet on huge energy project in Turkey:

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Energy-hungry Turkey signed a landmark deal with
the UAE to develop its coal fields in the south
with a giant project worth nearly $12 billion. DHA photo

The United Arab Emirates (UAE), which promised in January to invest $12 billion in Turkey’s Afşin Elbistan power plant, appears now to be dragging its feet on the huge project. The UAE could not keep up progress on the project as it had sought a Turkish partner but couldn’t find one, sources familiar with the matter said.

Energy-hungry Turkey signed a landmark deal with the UAE to develop its coal fields in the south with a giant project worth nearly $12 billion. The deal was made between the Abu Dhabi-based, government-controlled TAQA and Turkey’s state-run electricity company EÜAŞ in January."

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