Natural Gas Policies of Turkey: The Role as a Transit Country

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ACKNOWLEDGEMENT

I would take this opportunity to thank my research supervisor, family and friends for their support and guidance without which this research would not have been possible.

DECLARATION

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Table of Content

ACKNOWLEDGEMENTII

DECLARATIONIII

CHAPTER 1: INTRODUCTION1

Background of the Research1

Research Question1

Theoretical Frame work2

The Khazzoom-Brookes Postulate Theory2

Energy and Economic Theory: An Overview3

CHAPTER 2: LITERATURE REVIEW5

Turkey's Energy Profile and Strategy5

II. Projects:6

Iraq - Turkey Crude Oil Pipeline6

Baku-Tbilisi-Ceyhan Crude Oil Pipeline:6

Blue Stream Natural Gas Pipeline7

Iran-Turkey Natural Gas Pipeline7

Baku-Tbilisi-Erzurum Natural Gas Pipeline7

Turkey-Greece-Italy Gas Interconnector (TYIE)8

Nabucco Gas Pipeline Project8

Arab Natural Gas Pipeline Project9

Iraq-Turkey Natural Gas Corridor Project9

EU Energy Policy and the Global Effects of Energy9

CHAPTER 3: METHODOLOGY11

Research Design11

Secondary Research11

Qualitative Research11

Data Collection Method12

REFERENCES13

CHAPTER 1: INTRODUCTION

Background of the Research

Turkey as an energy producer and consumer of energy among the European countries Asian countries is a natural bridge. 70% of the world's known gas and oil reserves in neighbouring Turkey, the Caucasus, There are parts of the Middle East and Central Asia (Lake 2005, pp. 161). Although, Turkey is not an energy producer because of its location it play as a transit country which is a very important role in energy policies potential. Last time was in the pipeline projects and being a transit country has taken important steps towards. On the other hand, the global powers, Russia, the United States and the European Union There are different interests in this region rich in energy resources and energy goals to use resources according to their interests in the region has start-up.

Research Question

The research will be based on the following research questions;

Describe the importance of Turkey in terms of Natural gas in the region?

Why have felt a need to develop a Common EU Energy Policy?

Discuss major pipeline projects and agreements of Turkey with reference to the economics of the pipelines costs?

Turkey is an energy corridor and/or an energy hub in the region, discuss how?

Is Turkey's Energy Policy is compatible with the EU?

What is the difference between being a transit country and a hub in terms of the existing and planned pipelines project?

Theoretical Frame work

The Khazzoom-Brookes Postulate Theory

This theory is called by economists Daniel Khazzoom and Leonard Brookes, who Hano said that, paradoxically, greater energy efficiency tends to create a greater expenditure of energy. It was shown in the 90s. How is it possible? There are three reasons. The first is that greater energy efficiency lowers energy costs and then to use more drives. The second is that this efficiency stimulates growth of the whole economy and this leads to increased energy consumption in all sectors. The third is that a higher efficiency of each limited resource multiplies the use of any products, services and technologies that have been stuck and any content on it (Balat 2006, ...