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Thursday, January 27, 2011

Turkey's natural gas whereabouts

"Turkey's natural gas whereabouts

This week was crucial for the energy deals. Here are some intel from Stratfor, all from Turkey's close vicinity:
Jan 26, 2011: Belgium, Russia: Leaders Discuss Energy
Jan 26, 2011: Iraq: Significant Natural Gas Field Discovered
Jan 25, 2011: EU: Turkmenistan, Azerbaijan Ready To Sell Natural Gas

Obviously, all provide challenges as well as opportunities for Turkish bid on being an energy hub. Nonetheless, if used wisely, especially the newly found field in northern Iraq can boost the Nabucco project, and more importantly, it can ameliorate Turkish psyche. "

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