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To: Pugs who wrote (8479)1/18/1998 6:30:00 PM
From: Charles A. King  Respond to of 13091
 
Sorry, I don't know about any concrete Turkish investments. Gee, I said something about Turkey and right away I'm an expert.

;-)

No, I don't know anything about Turkey and in fact what I said before wasn't completely accurate because I said Kurdistan ranged through 3 countries, but I saw on a TV program it is 6 or 7.

There are a couple other interesting facts about Turkey I could share.

Some 500 Turkish trucks have been prevented from re-entering Turkey from Syria for three weeks because of a ban on the import of Syrian diesel, officials in the border region told Reuters on Wednesday.

infoseek.com:80/Content?arn=a2457LBY461reulb-19980114&qt=turkey&col=NX&kt=A&ak=news1486

The Turkish government, faced with an increasing need to import energy, sees privatisation and a radical restructuring of the energy sector as the key to meet demand which is outstripping supply.

Energy Minister Cumhur Ersumer said recently that private involvement was essential to rescue the country from imminent power cuts. Turkey's energy demand is rising about 12 percent a year. It has imported electricity from Iran, Georgia and Bulgaria since 1996 to meet a power deficit which is forecast at 6.6 billion kilowatt-hours (kwh) in 1998, up from three billion kwh in 1997. The energy ministry is planning an overhaul of the sector to have an effective control over a continuing multi-billion-dollar drive to privatise generation and distribution grids.

It has signed several deals including those with Iran and Turkmenistan to buy natural gas through pipelines which will feed six more planned power plants. Officials point to the need for strict control of the privatised energy sector because of its strategic importance.

infoseek.com:80/Content?arn=a1494LBY454reulb-19980109&qt=turkey&col=NX&kt=A&ak=news1486

It makes sense to me that Turkey would want to mitigate their severe energy problem by converting a polluting waste product and turn it into an energy source.

Charles



To: Pugs who wrote (8479)1/18/1998 6:38:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 13091
 
Here ya go Pugs....

turkey.org

Istanbul Stock Exchange (IMKB) (212) 252 48 00

Regards,

Ron