Invest News DetailZaman - Turkey’s vast coal reserves in the Aegean province of Manisa is planned to be utilized in a gasification plant to be built by Texas-based Energy Allied International. The company is in preliminary assessment stage for the project and engaged in partnership talks with local companies, according to its CEO Mike Nassar. “High oil prices make the gasification of coal a feasible investment. Turkey offers everything an investor looks for,” said Nassar about the proposed gasification plant in Turkey. Although oil and gas are scarce in Turkey, the country has very large reserves of lignite and coal. These can be converted into gas, which in turn may be utilized in a variety of fields,” he added. The project, if realized, would require a multi-billion dollar investment, Energy Allied International CEO noted. Manisa’s Soma district, with its 800 million tons of lignite reserves, is one of the largest lignite deposits in the world.