The global crunch in energy-supplies in recent weeks now has Turkey in its grips.
Ankara has ordered its biggest gas-consumers electricity-producers and large factories to scale back massively for three days. In effect, that means power-outages and stoppages on factory-floors.
Behind the decision is a supply problem in Iran the source of about 16 percent of Turkish gas. Iran stopped gas flows to Turkey for 10 days, citing a technical problem. Its own gas consumption has meanwhile jumped, due to cold temperatures.
In Turkey, local and international companies are suffering: From Turkish carmaker Tofas to Renault, which is shutting down production for two weeks. But not all companies can simply shut-off.
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Ankara has ordered its biggest gas-consumers electricity-producers and large factories to scale back massively for three days. In effect, that means power-outages and stoppages on factory-floors.
Behind the decision is a supply problem in Iran the source of about 16 percent of Turkish gas. Iran stopped gas flows to Turkey for 10 days, citing a technical problem. Its own gas consumption has meanwhile jumped, due to cold temperatures.
In Turkey, local and international companies are suffering: From Turkish carmaker Tofas to Renault, which is shutting down production for two weeks. But not all companies can simply shut-off.
Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
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#EnergyCrunch
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