In early December 2018, five years after Turkey and Japan signed a bilateral agreement concerning the construction of four nuclear reactors in the city of Sinop on the Black Sea, the project looks like it might be shelved. According to foreign news agencies, the Japanese-French consortium is set to abandon the project. The consortium says that delays in launching construction have more than doubled the estimated costs. Tougher international safety measures that came into force following the Fukushima nuclear disaster in 2011 have reportedly inflated the bill from 20 billion to 44 billion dollars. Turkey’s economic problems and the significant plunge of the Turkish lira also played a role.
Ekathimerini 24th April 2019 read more »