Opinion 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
Expert View
Expert View

Turkish investors must diversify away from local assets

The Turkish lira hit another record low against the US dollar in April 2015, emphasizing once again the need for Turkish investors to diversify their assets to hedge against the currency risk.

Published By Datamonitor
11 Jun 2015
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
Expert View
Expert View

Turkish ATMs show mobile's future

IsBank's move to integrate its mobile banking platform with its ATMs to enable cash withdrawals via mobile phones signals a proactive move by the bank to adapt its systems to reflect the growing popularity of technology-based services, and supports Turkey's development towards a cardless future.

Published By Datamonitor
25 Jan 2013
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
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Expert View

Turkey's struggle with consumer debt continues

Credit card use in Turkey is seven times that of debit cards. However, non-performing loans on credit cards have risen markedly over the past decade. As Turkey's economy slows, consumer reliance on credit has become a major cause for concern.

Published By Datamonitor
09 Jun 2015
Expert View
Expert View

Turkey's power consumption to grow at rapid pace

Turkey's power consumption will continue to grow over the coming decade. Industrial sector energy usage is projected to be the primary factor behind the country's strong demand, with residential and commercial markets also following a similar positive trajectory.

Published By Datamonitor
19 Jun 2014
Expert View
Expert View

Turkey likely to encounter many hurdles on the road to nuclear power

Turkey has announced a tender for the construction of the first of three nuclear power plants designed to provide 20% of the country's energy supplies over the next two decades. Despite such targets, various risks will impede Ankara's efforts to attract the necessary investments. Local content laws, environmental concerns and contractual liabilities will all be potential sticking points.

Published By Datamonitor
28 Mar 2008
CommentWire
CommentWire

Tesco: looking to make headway in Turkey as GDP per capita continues to soar

Retail giant Tesco aims to increase its store base in Turkey by nearly 50% in 2011, a significant rise in its rate of expansion. The move will help Tesco keep pace with its global competitors and capitalize on increasingly favorable market conditions, as well as open doors to potential entry into the Middle East and Africa, making Tesco a truly global retailer.

Published By Datamonitor
23 Jun 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

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