By Orhan Coskun
ANKARA
REUTERS - Mon May 5, 2014
Turkey and China
are in talks on a $10-12 billion investment deal for the Afsin-Elbistan
coalfield and power plant project in southern Turkey, Energy Minister
Taner Yildiz told Reuters.
Turkey is keen to make the most
of its coal resources to reduce its imports of natural gas and signed a
deal with Abu Dhabi National Energy Co (TAQA) TAQA.AD on the project in
January 2013.
However, TAQA said in August it was delaying investment and Turkey subsequently began talks with other companies.
"There
will be an investment of $10-12 billion in the Afsin-Elbistan field.
This will include use of the coalfields. We are in talks with China for a
deal on this subject," Yildiz said late on Sunday.
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