Wednesday 28 August 2013

Turkish energy minister fires back over Taqa power project delay - The National

Turkish energy minister fires back over Taqa power project delay - The National:

"The Turkish energy minister has fired back at Abu Dhabi National Energy (Taqa) over delaying an investment decision on a US$12 billion coal megaproject over what he called "political reasons."

This week Taqa said it would not make a final investment decision on the coal mining and power plant development, expected this summer, until 2014 because of "spending priorities."

Taner Yildiz, the Turkish energy minister, told local reporters that Ankara had launched discussions with other potential investors to take Taqa's place and would not change its political views in Egypt and Syria."

'via Blog this'

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