Page 124

Turkey’s Geopolitical Position and its Role as an Energy Corridor

Table-1 Countries

Oil reserves (billion barrel)

Gas reserves ( trillion cubic meter)

Russia

79

44.7

Kazakhstan

30

2.8

Azerbaijan

7

0.8

Uzbekistan

0.6

1.8

Turkmenistan

0.6

2.8

Iran

138.4 26.9

Iraq

115

U. Arab Emirates

15.21

Saudi Arabia Egypt

3.2 25.6

266.8

7.2

3.7

1.7

Estimates vary regarding future need; however, it is safe to say that towards 2025 - 2030 an additional quantity of 300 billion cubic meters of gas will be needed on the EU market. The EU will meet this demand from various sources. For the sake of diversification it is expected that one third of this demand may be supplied through Turkey. Therefore one may also speculate that around 100 billion cubic meters of gas will have to be shipped to EU countries through Turkey in the next 15 to 20 years. In the short to medium term this requirement may stay around 40 billion cubic meters. Turkey’s oil and gas transport infrastructure is being developed to meet this requirement. Existing and prospective oil and gas pipelines are already in place in Turkey. C. Existing pipelines in Turkey 1. The Russia-Turkey gas pipeline (Turusgas) A pipeline carrying Russian gas to Turkey through Ukraine, Moldova, Romania and Bulgaria has been operational since 1988. Initially it had the capacity to pump 8 billion cubic meters of gas per year. In 1996, this capacity was increased to 14 billion cubic meters per year.

122

YASAR YAKIS

Turkey on the European Doorstep  

A Publication based on the International Conference organised at the European Parliament/Brussels by Dr. ELENI THEOCHAROUS, Member of the Eu...

Read more
Read more
Similar to
Popular now
Just for you