1. Natural Energy Resources in Turkey
... , which hold a substantial amount of the world's oil and gas reserves. According to Barysch, Turkey is located between 70% of the world's oil and gas reserves and the European Union.39 This alone makes Turkey's location strategically invaluable. It is notable that while connecting the EU with the Middle East Turkey also is an important player in the Mediterranean. The potential ... its soil starting from Caspian to Iran and Russia to Middle East to become an important energy corridor. Currently the hottest project is the Nabucco which is officially given a go ahead in July 2009. It is th...
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- Approx Pages: 28
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- Grade Level: Undergraduate