Turkish Zorlu Energy proceeds to sell its shares at Israeli Gas Power Plant
Turkish energy company, ,Zorlu Energy Group, says it is continuing on efforts to sell its 25% stake at the Israeli Dorad Natural Gas Power Plant, in which they have been a partner in Israel since 2003.
In a statement issued by the Turkish group, the signatures for the sale and transfer of shares in the Ashdod and Ramat Negev Natural Gas Power Plants in Israel were completed in May.
The statement argued that Zorlu Energy has no authority to make or have any decisions made in the Dorad Gas Power Plant, in which it is a 25 percent minority shareholder.
The move comes after a public outrage that followed a news report by the Israeli news outlet Jerusalem Post, which stated that the Zorlu Energy group has renewed its contract to supply electricity to Israeli military bases.