The Changing Dynamics of Energy in Turkey

Simone Tagliapietra
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Simone Tagliapietra: Fondazione Eni Enrico Mattei

No 2016.78, Working Papers from Fondazione Eni Enrico Mattei

Abstract: This paper explores how Turkey’s politics and economy are affected by changes in global energy. To define which are the most relevant developments, the paper opens with an overview of the country's economic landscape. This analysis illustrates that energy, being the key driver behind its large current account deficit, represents a major point of vulnerability for the country. On this basis, the paper illustrates Turkey's energy matrix, an analysis that outlines the rising role of gas in the country's energy sector, both under the internal (i.e. growing share of the mix) and external (i.e. the country's potential role as regional gas hub) points of view. Finally, these issues are discussed with the aim of assessing the prospects for Turkey to turn gas into a geopolitical and economic asset for the country.

Keywords: Turkey; Energy Security; Gas; TANAP; TAP; TurkStream (search for similar items in EconPapers)
JEL-codes: Q40 Q42 Q48 (search for similar items in EconPapers)
Date: 2016-12
New Economics Papers: this item is included in nep-ara, nep-cwa and nep-ene
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Persistent link: https://EconPapers.repec.org/RePEc:fem:femwpa:2016.78

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