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Turkey's Metcap, Qatar's Fusion Dynamics to Invest $5.2 Bln in Turkey

2018-04-11 - 2:37 am

Bahrain Mirror (Reuters): Turkey's Metcap Energy Investments and Qatar's Fusion Dynamics will invest a total of $5.2 billion in Turkey, the companies said in a joint statement on Monday.

The 50-50 percent held joint venture, Metcap Petrochemicals, will build and operate a $4 billion natural gas-based chemical facility in the Thrace region. The venture will also invest $1.2 billion in natural gas power stations in the northwestern Kirklareli province and central Karaman province.

 

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