TURKEY

Turkey Bags More CCGT Funding, Russia Pledges Gas

The European Bank for Reconstruction and Development (EBRD) has announced the financing details for a 950MW capacity combined cycle gas turbine (CCGT) plant to be built at Kirikkale east of Ankara at an estimated total cost of $1bn (see table, p11). Kirikkale is on the onshore continuation of the Russia-Turkey Blue Stream sub-Black Sea gas pipeline. Turkey received 26.2 bcm of gas from Russia in 2013 (59% of Turkish imports and 57%...