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2018 | Buch

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The Southern Energy Corridor: Turkey's Role in European Energy Security

verfasst von: Vedat Yorucu, Prof. Ozay Mehmet

Verlag: Springer International Publishing

Buchreihe : Lecture Notes in Energy

Enthalten in: Springer Professional "Wirtschaft+Technik" , Springer Professional "Technik" , Springer Professional "Wirtschaft"

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Über dieses Buch

The book examines Turkey's role as a transit country (in addition to its own growing domestic energy market) and it utilizes the latest evidence on the geopolitics of various pipelines which convergence on Turkey. The evidence, including maps, strongly favor Turkey as an energy hub within a regional energy model driven by rational behavior and market forces. The book recommends an increasing strategic energy cooperation between the EU and Turkey to maximize mutual interest.

Inhaltsverzeichnis

Frontmatter

Chapter 1. Introduction

Abstract

This book highlights the importance of Turkey in diversifying supplies in future European energy security, focusing in particular on the rapidly emerging southern energy corridor. Turkey, by its location, occupies a key position in this corridor, fed by hydrocarbon supplies from the Russian, Caspian, East Mediterranean and Middle East sources. The book examines Turkey's role as a transit country (in addition to its own growing domestic energy market) and it utilizes the latest evidence on the geopolitics of various pipelines which convergence on Turkey. The evidence, including maps, strongly favor Turkey as an energy hub within a regional energy model driven by rational behavior and market forces. The book recommends an increasing strategic energy cooperation between the EU and Turkey to maximize mutual interest.

Vedat Yorucu, Özay Mehmet

Definitions, Norms and Models

Frontmatter

Chapter 2. Europe’s Energy Security and the Southern Energy Corridor

Abstract

In this study, we do not see ‘energy security’ as an absolute, static term.

Vedat Yorucu, Özay Mehmet

Chapter 3. Diversifying European Energy: Challenges of Securing Supply

Abstract

A strategic aim of the European Union’s energy policy is to achieve long-term security of supply. The key for such supply security is long-term agreement achieved in solidarity with partners, particularly new partners who are able to promote both security and diversification of supply.

Vedat Yorucu, Özay Mehmet

Turkish Dual Role in Energy

Frontmatter

Chapter 4. Turkey as a Hub in the Southern Energy Corridor

Abstract

Turkey is not an energy producer, but it sits next door to the world’s greatest proven energy reserves. By location, it dominates access to hydrocarbon fields. It links energy sources to consuming markets. As a geographic bridge connecting Europe to the Middle East and Asia, will suffice to demonstrate that country as the natural key on the Southern Energy Corridor. Market forces strongly favour Turkey as the corner-stone of a Regional Energy Model, proposed in this study.

Vedat Yorucu, Özay Mehmet

Chapter 5. Turkish Energy Market: Transformation, Privatization and Diversification

Abstract

Turkish economy is highly dependent on fossil energy imports. With limited domestic production of energy and rapid industrialization, urbanization and population growth, Turkish vulnerability to costly energy imports poses a serious threat to the country’s comparative advantage while generating rising current account deficit in the short-term. To date, Turkey has managed to obtain its imported natural gas through long-term contracts, typically 15–20 years, with relatively favourable import prices.

Vedat Yorucu, Özay Mehmet

New Hydrocarbon Reserves in the Levant and the Greater Caspian Basin: Curse or Blessing?

Frontmatter

Chapter 6. Hydrocarbon Discoveries in the Eastern Mediterranean

Abstract

New hydrocarbon reserves are being developed in the region next to Turkey. This chapter will explore the prospects of monetizing new reserves in the Eastern Mediterranean hydrocarbon fields.

Vedat Yorucu, Özay Mehmet

Chapter 7. Energy Actors in the Eastern Mediterranean: Maps and Rivalries

Abstract

A great hydrocarbon wealth may lie in the Eastern Mediterranean Sea, but these are troubled waters and unless cooperation and rational behaviour on the part of key actors prevail, this wealth may remain unrealized, or worse, it may become a curse, spinning into violent conflict.

Vedat Yorucu, Özay Mehmet

Chapter 8. Towards a Regional Energy Model

Abstract

This Chapter is more optimistic than the previous one: It details infrastructural investments, in particular, the Turkish pipelines in the Southern Energy Corridor. Existing pipelines are examined along with future developments within a Regional Energy Model.

Vedat Yorucu, Özay Mehmet

Prospects and Conclusion

Frontmatter

Chapter 9. Turkey–EU: Energy Partners or Enemies Forever?

Abstract

Relations between Turkey and the EU (at the time of writing in Spring, 2017) are anything but cordial.

Vedat Yorucu, Özay Mehmet

Chapter 10. A Summing up

Abstract

This study has used a ‘level of risk’ analysis to examine a Turkey-centric Regional Energy Model in order to secure European energy supplies along the SEC.

Vedat Yorucu, Özay Mehmet

Titel: The Southern Energy Corridor: Turkey's Role in European Energy Security
verfasst von: Vedat Yorucu
Prof. Ozay Mehmet
Verlag: Springer International Publishing
Electronic ISBN: 978-3-319-63636-8
Print ISBN: 978-3-319-63635-1
DOI: https://doi.org/10.1007/978-3-319-63636-8