1/24/2011

Turkey plans TRY 2.8 billion of natural gas investments by 2015

Sabah - Turkey is planning to significantly extend its gas distribution network and reach over 5 million new subscribers by the year 2015.

The plans that natural gas distributor companies have submitted to the Energy Market Regulatory Authority (EMRA) include new investments and nearly a million new subscriptions in 2011. The figure is expected to rise to 5 million in 2015.

The total investments in planning reach TRY 2.8 billion (approx. USD 1.7 billion) for the next five years, with some TRY 850 million (approx. USD 540 million) to be spent in 2011 alone.
turkey; energy sector; natural gas; energy market; epdk; emra; natural gas distributor

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