"Can Turkish economy survive high energy prices?
Consumption; Demand; PricesGuest writes:
One of the test beds of peak oil, or supply constraints, is Turkey. The country is not gifted with many hydrocarbon reserves and faces a decline in its oil production. The rising thirst of energy for this developing country relies on exports from close countries. Natural gas, which is not peaking soon, is also a twin brother of oil in terms of pricing of the contracts, yet Turkey has no chance on this front either."
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