1. Natural Energy Resources in Turkey
... 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 ... . Currently, about 4-5% of world's daily oil consumption go through the Bosporus Straits, Kirkuk-Yumurtalik and BTC pipelines. Again major gas pipelines from Russia (Blue Stream Pipeline), Azerbaijan (South Caucasus Pipeline) and Iran (Tabriz-Ankara Pipeline) connects Turkey with main energy producing regions. Loo...
- Word Count: 6977
- Approx Pages: 28
- Has Bibliography
- Grade Level: Undergraduate