Basra threatens Turkish company over power cutoff
Gov. Majid al-Nasrawi said he would expropriate floating power stations after Karkey Company briefly shut off electricity supply over $85 million in unpaid bills.
One of the electricity barges owned by Karadeniz Holdings, which is supplying power to Basra. (Source: Karadeniz Holdings)
BASRA - Basra Gov. Majid al-Nasrawi threatened to expropriate a Turkish company's property after it briefly stopped operating electricity barges because of overdue payments.
The trouble began Monday, when Karkey Company, a subsidiary of Karadeniz Holdings, shut down three floating power stations for several hours. The barges, moored at the Khor al-Zubair, Umm Qasr, and Abu Floos ports, have provided about 400 megawatts of electricity to Basra province for several years.
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