Turkeyâ€™s Geopolitical Position and its Role as an Energy Corridor
embracing universal values as do all European countries; it is part of the same value system with European countries. Together with Spain, it is the co-chairman of the Alliance of Civilisations. It is an important member of NATO. It is the founding member of the Council of Europe; it is a member of the OECD. Turkey is the sixth biggest economy in Europe and seventeenth largest economy in the world. These multiple identities and its economic size, in addition to its important geopolitical location, make Turkey a special player on the world chess board.
IV - Turkey as an energy corridor A. Oil reserves of the Caspian Sea and Gulf basins A new and important factor has now been added to the role that Turkey has played so far because of the features described above. This new element is key to the increasing need for energy in European countries. Map-3 below shows the countries East of Turkey that possess oil and natural gas reserves, with 72% of the worldâ€™s oil and gas reserves in this region. Table-1 shows the distribution of these reserves among the countries of the region. MAP-3: Oil and gas reserves in the countries East of Turkey
A Publication based on the International Conference organised at the European Parliament/Brussels by Dr. ELENI THEOCHAROUS, Member of the Eu...