ISTANBUL - Turkey`s energy minister said on Friday that Turkey might re-invent coal.
Turkish Energy & Natural Resources Minister Hilmi Guler said that Turkey may re-invent coal if oil and natural gas prices continue to soar.
"Not only developing but also developed countries may be affected by the rising oil prices," Guler said in the Eighth International Energy Arena on "Tomorrow`s Strategy in Natural Gas", in Istanbul.
Guler underlined importance of other energy resources such as wind, solar, water, geothermal and energy efficiency, and said that Turkey would use those resources.
The energy minister also said that Turkey was working on new projects on energy independence that might be an example for other countries.
Organized by the Strategic Technical Economic Researches Center of Turkey, the meeting aims to bring together local and international authorities and experts to discuss the issues about natural gas.
Main topics of the meeting are natural gas hubs, supply-demand and price of natural gas in the future.
(BRC-ULG)