Tag Archives | Karadeniz Holding

Power Supply Cut pending Payment of Debts

By John Lee. The Turkish company Karadeniz Holding has reportedly stopped supplying electricity from its three generating ships loctated in the ports of Khor al-Zubair, Umm Qasr and Abu Flous. Local media report that the move is due to the non-payment of debts to the company by the Iraqi Ministry of Electricity. The company had […]

Turkish Power Ships Resume work in Basra

By John Lee. Power supply ships have reportedly returned to work in Basra following threats from the governor to expel them. The ships, reportedly owned by the Turkish-based Karadeniz Holding, had stopped production for several hours due to unpaid debts of $85 million owed to them by the Ministry of Electricity. The Turkish company supplies […]

Turkey Sends Power-Generation Ship to Basra

By John Lee. Turkey is to send a power-generation ship to Basra to help alleviate its electricity shortages. The announcement was made by Turkish Energy Minister, Taner Yildiz, on Sunday during the 17th Turkey-Iraq Joint Economic Commission meeting in Baghdad. According to Worldbulletin, the ship will add 410 megawatts to the existing capacity of 250 MW […]