Turkish state energy companies to invest $1.5B in 2019

- Eight energy companies will make investments totaling 8.40 billion Turkish liras

Turkey’s state-owned energy companies are expected to make 8.40 billion Turkish liras ($1.48 billion) of investments next year, a presidential decree revealed on Wednesday.

According to the decree published on the Official Gazette, a total of eight energy companies will make these investments.

The companies include, Eti Mine, TKI - Turkish Coal Enterprises, TTK - Turkish Hard Coal Enterprises, EUAS - Electricity Generation Company, BOTAS - Petroleum Pipeline Company and TEIAS - the power transmission company.

($1 = 5.68 liras)

By Murat Temizer

Anadolu Agency

energy@aa.com.tr