INTRODUCTION As a well-known fact by millions of people, more than hundred and fifty years ago, Colonel Drake in Titusville, Pennsylvania did the first oil discovery. From 1859 to 2015, the use of oil and its market concept has dramatically changed by producers and consumers. First oligopoly market initiatives can be explained by the dissolution...
Kategori: EPT1
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Northern Iraq & Turkey: From The View Of Energy Politics
INTRODUCTION Northern Iraq, with the popular name Kurdish Region, by having an estimated 40 billion bbl oil and 8 tcm gas reserves (according to OPEC reports), is a strategic region for Turkey. In addition to oil and gas reserves, other key factors such as historical background, terrorism, ethnical properties, existing disputes with the central Iraqi...
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Russian Chess On Gas Politics: Evaluation Of Turkish Stream
INTRODUCTION Turkish Stream Pipeline Project (TSP) is the result of the altering Russian gas supply policies toward European Union (EU). Due to flustering disputes over Ukraine, initial step was planned as to bypass Ukraine with a new standalone pipeline that will transit Russian gas to Eastern Europe. However, increasing conflicts between EU and Bulgarian government...
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Southern Gas Corridor, Milestones And Other Turkmen Gas Export Options (Via Turkish Stream)
ABSTRACT EU is the biggest energy importing structure in the world and Russia is her major supplier. EU energy security troubled by increasing political conflicts with Russia rushes EU to diversify her energy supplies. One of the most popular candidates for EU’s future energy supply is the Caspian resources placed in between Russia, Azerbaijan, Turkmenistan,...