UPDATE 1-Global, Hutchison in talks on Izmir port financing

* Consortium likely to seek extension of deal deadline

* Two companies looking for financing (Adds details, background)

ANKARA, Oct 15 (Reuters) - Consortium members Global Investment Holding (GLYHO.IS) and Hong Kong's Hutchison (0013.HK) are continuing talks on financing to finalise a deal to operate the major Turkish port of Izmir, another consortium member said on Thursday.

Sabri Unluturk, chairman of the consortium member EIB-Limas, said the group was likely to seek an extension in the coming days to extend the deadline for signing the contract to operate the port.

The consortium was invited to sign a contract to operate the port in the western city of Izmir, Global said last month, following the resolution of a court case against the port privatisation.

"Feasibility studies are being made regarding financing possibilities for the port. We haven't officially asked to extend the deadline of the deal. Probably in the coming days we will make such a request," said Unluturk.

The consortium, which also includes Turkish port operator EIB, made the winning bid of $1.28 billion last May for the operating rights to the Aegean port for 49 years. (Reporting by Hatice Aydogdu, writing by Thomas Grove and Daren Butler; Editing by Rupert Winchester)