Sunday, August 23, 2009

Turkey emerges as world energy hub after big deals

"Turkey emerges as world energy hub after big deals
www.chinaview.cn 2009-08-23 20:24:55

by Xinhua writer Chen Ming

ISTANBUL, Aug. 23 (Xinhua) -- Turkey, which is short of gas and oil, is trying to turn itself into the largest energy hub in the world through forging a series of high-profile transit agreements.

First, Turkey signed with four European countries a deal on the Nabucco gas pipeline in Ankara on July 13. The Nabucco gas pipeline is intended to transfer natural gas from Caspian region, Iran, Iraq and Egypt to Europe through Turkey."

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