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Republic of Turkey Gas Complex Development: Problems and Prospects

Author

Listed:
  • Gul nar Osmanovna Khalova

    (Gubkin Russian State University of Oil and Gas (National Research University), Leninsky Prospekt, 65, Moscow, Russia,)

  • Natalya Yuryevna Sopilko

    (Peoples Friendship University of Russia (RUDN University), Miklukho-Maklaya Street, 6, Moscow, Russia,)

  • Nikita Igorevich Illeritsky

    (Center for Energy Studies, Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMORAN), Profsoyuznaya Street, 23, Moscow, Russia.)

Abstract

Turkey is a large, populated and dynamically developing state with growing energy demand. Yet it faces several issues concerning the development of the national energy sector, i.e., energy supply diversity and CO2 emissions reduction. Natural gas may be a suitable kind of fuel to ensure better development for the Turkish energy sector. Moreover, Turkey plays an important role as a transit country for natural gas supplies and in the future, it can become one of the key gas hubs in the south-eastern part of Europe, as it occupies a strategically advantageous geographical position at the junction of Europe and Asia. However, the existing Turkish natural gas pipeline transmission and storage system have a relatively low capacity, insufficient for natural gas large volumes transit. In addition, natural gas supplies from Azerbaijan and Iran are not reliable enough. This paper reviews the main economic development and energy sector indicators of Turkey, along with current and future natural gas supply and transit projects. The recommendations for natural gas sector development and further energy cooperation with Russia are provided.

Suggested Citation

  • Gul nar Osmanovna Khalova & Natalya Yuryevna Sopilko & Nikita Igorevich Illeritsky, 2019. "Republic of Turkey Gas Complex Development: Problems and Prospects," International Journal of Energy Economics and Policy, Econjournals, vol. 9(1), pages 237-243.
    • Handle: RePEc:eco:journ2:2019-01-30
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    Citations

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    Cited by:

    1. Khalova Gul nar Osmanovna & Isayeva Elena Andreevna & Illeritskiy Nikita Igorevich & Smirnova Vera Alekseevna, 2019. "Issues of Natural Gas Infrastructure Development in South-Eastern Europe," International Journal of Energy Economics and Policy, Econjournals, vol. 9(6), pages 415-420.
    2. Liya R. Artemkina & Natalya Y. Sopilko & Olga Y. Myasnikova & Irina U. Eremina & Nataliya V. Bondarchuk & Sergey V. Shamsheev, 2019. "The Model of Upstream Investment Portfolio in the Mature Regions," International Journal of Energy Economics and Policy, Econjournals, vol. 9(4), pages 173-180.
    3. Michael Oguwuike Enyoghasim & Lasbrey Anochiwa & F. Tobechi Agbanike & Iyke Uwazie Uwazie & E. Uma Kalu & O. Kelvin Onwuka & Sunday Amalunweze Okwor & Ikwor Okoroafor Ogbonnaya, 2019. "Oil Exploration and Exploitation in Nigeria and the Challenge of Sustainable Development: An Assessment of the Niger Delta," International Journal of Energy Economics and Policy, Econjournals, vol. 9(4), pages 369-380.

    More about this item

    Keywords

    Natural Gas; Turkey; Russia; Europe; Energy Supply; Energy Cooperation; Natural Gas Pipelines; Blue Stream; Turkish Stream; TANAP;
    All these keywords.

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices

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