Wednesday, July 30, 2008

Turkey's energy options

"Turkey's energy options

WASHINGTON, July 30 (UPI) -- World-high energy prices have blindsided many countries, including a number in the oil-rich Middle East, none more so than Turkey. In 2007 Turkish domestic production supplied a paltry 8.7 percent of the nation's crude oil and 2.6 percent of its natural gas; price increases since the beginning of the year have severely constrained the growth of the Turkish economy, leaving Ankara to search for alternatives. "

More:Turkey's energy options - UPI.com