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Geopolitics of the Republic of Turkey s Energy Policy

Author

Listed:
  • Yusif Huseynov

    (The Geneva School of Diplomacy and International Relations, Geneva, Switzerland)

Abstract

Since Turkish Republic has seen outstanding economic growth developments in recent years, the demand for energy sources has increased significantly. This development has motivated Turkey to create secure and reliable energy routes to its energy market. Turkey is now ranked as one of the largest energy consumers, and this consumption constantly continues to increase. Turkey currently depends on imported natural gas resources for 98% of its total consumption, which is supplied by Russia, Iran, Azerbaijan, etc., Turkey s accepted state program 2023, indicates the country s vision to become part of the top 10 economies in the world, and within the bounds of such a target, Turkey s demand for energy resources will increase even more in volume. The Turkish Republic has been very much aware of these situations and as such the country has used its unique geographic location to play an important role in implementing its energy strategy.

Suggested Citation

  • Yusif Huseynov, 2017. "Geopolitics of the Republic of Turkey s Energy Policy," International Journal of Energy Economics and Policy, Econjournals, vol. 7(3), pages 337-344.
  • Handle: RePEc:eco:journ2:2017-03-41
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    References listed on IDEAS

    as
    1. Khalid Siddig & Harald Grethe, 2013. "No more Gas from Egypt? The Israeli Gas Sector between Offshore Discoveries and Import Uncertainty," EcoMod2013 5446, EcoMod.
    2. Cagla Gul YESEVI & Burcu Yavuz TIFTIKCIGIL, 2015. "Turkey-Azerbaijan Energy Relations: A Political and Economic Analysis," International Journal of Energy Economics and Policy, Econjournals, vol. 5(1), pages 27-44.
    3. Athanasios Dagoumas & Floros Flouros, 2017. "Energy Policy Formulation in Israel Following its Recent Gas Discoveries," International Journal of Energy Economics and Policy, Econjournals, vol. 7(1), pages 19-30.
    4. mer Esen, 2016. "Security of the Energy Supply in Turkey: Prospects, Challenges and Opportunities," International Journal of Energy Economics and Policy, Econjournals, vol. 6(2), pages 281-289.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Turkish Republic; Energy Security; Diplomacy; Geopolitics;
    All these keywords.

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • F68 - International Economics - - Economic Impacts of Globalization - - - Policy
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation

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