Direct Energy Investments Exceeds 3.5 bln USD

Image Turkish Energy & Natural Resources Minister Taner Yildiz has said that direct investments in energy sector exceeded 3.5 billion USD in 2011 in Turkey. The share of private sector was over 60 percent in energy production in 2011, added Yildiz who held a press conference in Ankara on Thursday.

Noting that they attached importance to renewable energy resources, Yildiz said that investments would be focused on wind and hydraulic energy in 2012. Yildiz added that investments would begin in solar energy next year.

Regarding electricity, Yildiz said that electricity energy consumption in the country would reach 220 billion kilowatt/hours by the end of 2011, adding that the highest natural gas consumption was recorded on Wednesday with 172 million cubic meters.

Yildiz also said that Turkey's daily natural gas consumption was 155-165 million cubic meters.

Regarding the natural gas Turkey bought from Iran, Yildiz noted that Turkey asked for a reduction in the price but did not receive a positive response yet.

Last modified onSaturday, 06 May 2017 10:07