Turkey’s $12bn coal plant project out in the cold | beyondbrics

Turkey’s $12bn coal plant project out in the cold | beyondbrics:

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Arguably the announcement last week by Abu Dhabi state energy company Taqa that it would postpone a final decision on investing in developing new coal fired power plant in Turkey to next year, was less surprising than the response to the announcement from Turkish energy minister Taner Yildiz.

Commenting on the decision Yildiz expressed his hope that the decision had not been made for political reasons, pointing to the ongoing instability in Egypt and Syria.

But while it is true that Turkey’s support for Egypt’s ousted President Morsi has put it at odds with many of its Arab allies, at the same time Ankara has been solid alongside the same allies in its support for opposition to the Assad regime.

And such divided loyalties are hardly unusual in the region."

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