Opinion on Natural Resources in Turkey

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Type Product title / description Pub Price
CommentWire
CommentWire

UK LNG: foreign suppliers are failing to deliver

UK wholesale gas prices have been at a premium to the US market; however, this has failed to encourage LNG shippers, which have diverted tankers away from the UK. Cargo needs, capacity planning and concerns about the security of supply should be raised, given that market fundamentals are not at work. A supply failure, albeit temporary, must be corrected for the market to function efficiently.

Published By Datamonitor
01 Apr 2008
CommentWire
CommentWire

Turkish gas: Iranian deal driven by pragmatism

In a bid to bolster its goal of becoming a major European gas hub, Turkey has entered into a deal worth around GBP1.75 billion with Iran, through which it will help to develop the region's massive South Pars gas field. Despite opposition to the deal on political grounds, the agreement will help to secure European energy supplies as alliances with Russia become increasingly risky.

Published By Datamonitor
24 Jul 2007
CommentWire
CommentWire

Turkey: new feed-in tariffs may not be enough to kick start domestic renewables industry

As emerging renewable energy markets across Europe opt to cut their feed-in tariffs for photovoltaics in an attempt to curtail government spending, Turkey is introducing its first feed-in tariff support scheme for solar power, as well as wind, hydro, and geothermal technology. However, the new changes are unlikely to be enough to meet Turkey's ambitious renewables targets.

Published By Datamonitor
14 Jan 2011
Expert View
Expert View

Russo-Georgian conflict raises the stakes for European energy security

Recent Russian hostilities in Georgia, alongside PKK attacks on the Baku-Tbilisi-Ceyhan pipeline, have exposed the tight link between geopolitics and energy security in upstream European supplies. While the EU is increasingly looking to Central Asia and the Middle East to diversify supply options, it will need strong resolve and plausible political incentives if such a strategy is to succeed.

Published By Datamonitor
12 Aug 2008
Expert View
Expert View

GdF-Suez expands in Turkey's gas market

GdF-Suez is to purchase Turkish gas distributor Izgaz after submitting the highest bid, at $232 million, in the tender for the privatization of the company. The gas distributor rights of Izgaz are a sensible acquisition, as Turkey's market is expanding rapidly and has stabilized since 2000.

Published By Datamonitor
22 Aug 2008
Expert View
Expert View

Crunch time for Nabucco

Turkish prime minister Tayyip Recep Erdogan delivered a pointed message to European energy markets on a three-day visit to Brussels last week, stating that, if talks on Turkey's accession to the EU remain blocked: "we would of course review our position". This was Ankara 'playing the energy card', and demonstrated how developments through 2008 have changed Europe's energy outlook.

Published By Datamonitor
26 Jan 2009

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