Turkey to Pump $1.5 Billion in Energy Investments in 2019

Published October 18th, 2018 - 05:50 GMT
According to the decree published on the Official Gazette, a total of eight energy companies will make these investments. (Shutterstock)
According to the decree published on the Official Gazette, a total of eight energy companies will make these investments. (Shutterstock)

Turkey’s state-owned energy companies are expected to make 8.40 billion Turkish liras ($1.48 billion) of investments next year, a presidential decree revealed on Wednesday.

According to the decree published on the Official Gazette, a total of eight energy companies will make these investments.

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The companies include, Eti Mine, TKI - Turkish Coal Enterprises, TTK - Turkish Hard Coal Enterprises, EUAS - Electricity Generation Company, BOTAS - Petroleum Pipeline Company and TEIAS - the power transmission company.


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