Turkish energy firm Calik Enerji has signed a $388.5 million deal to build a natural gas plant near Mosul, Iraq, the company said Tuesday, the Ihlas News Agency, or IHA, reported.
Turkish energy firm Calik Enerji has signed a $388.5 million deal to
build a natural gas plant near Mosul, Iraq, the company said Tuesday, the Ihlas
News Agency, or IHA, reported.
In a press statement, the company said a 750-megawatt natural gas plant with
six turbines will be completed in 20 months.
The deal was signed in
Baghdad
by
Iraq
's
Electricity Minister Raad Shalal Saeed, Deputy Electricity Minister Salam Kazaz
and the company's Chief Executive Ahmet Calik. Deputy Prime Minister and acting
Electricity Minister Hussain al-Shahristani was present at the signing, it
said.
"Electricity is one of the major problems of Iraq. We plan to reduce
electricity shortage considerably until 2012," al-Shahristani said in the
press statement.
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