Strong Exports Force Coal Ships Bottleneck

The Afşin-Elbistan coalfield and power plant project looks to tap the 40% of Turkey’s lignite coal reserves located in the region to generate up to 8,000 MW of power. After the UAE’s TAQA put investment on hold, Turkey’s state power generator is negotiating with Chinese and South Korean companies. [Reuters] A recent New York Times… Keep reading →

UAE 2013 115

Opec member United Arab Emirates is reportedly considering investing in North American energy assets and possibly importing natural gas as part of the deal. Major oil producers across the Arabian Gulf region – including the Saudis – face tightening gas production and consumption fundamentals, as their domestic energy use soars, greater volumes of associated gas… Keep reading →