Turkey has transferred seven coal fields to private sector operators for development, Turkey’s energy ministry announced via its Internet site. Receive daily email alerts, subscriber notes & personalize your experience. Register Now According to the announcement, the seven fields hold a total of 203 million mt of reserves, consisting of three hard coal fields capable of together producing an additional 3 million mt/year of hard coal and four lignite fields with the potential to produce an additional 15.6 million mt/year of lignite. The announcement stated that the intention of transferring the fields is to substitute the coal produced for some of the imported coal currently used by power plants, with the aim of reducing Turkey’s current account deficit. Turkey’s former energy minister, now finance minister, Berat Albayrak announced last year that his government […]