Political stability aids energy investm.: Turkish Min.

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– Turkey takes advantage of the cheapest natural gas in Europe.

ISTANBUL – Political stability brings new investors to Turkey’s energy market, said Turkish Energy and Natural Resources Minister Taner Yildiz on Monday.

Speaking at the Sixth World Forum on Energy Regulation, sponsored by Anadolu Agency in Istanbul, Yildiz said Turkey is in a state of flux and this change is bringing international investors to the country.

Yildiz stressed that the country is in the top three countries in Europe to consume cheap electricity while it also takes advantage of the cheapest natural gas in Europe.

“In the last 12 years, Turkey has grown rapidly and has seen the second biggest growth in the world behind China. We aim to double Turkey’s growth by 2023,” Yildiz said, adding that the private sector has a serious share in this growth.

Turkish President Recep Tayyip Erdogan and Turkey’s EU Minister Volkan Bozkir were also attendees of the forum.

The forum whose main focus is on energy regulation is hosted by the Energy Market Regulatory Authority (EMRA) in Istanbul. The forum aims to develop a common approach to energy regulation by bringing together regulatory heads and representatives from developed and developing countries.

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