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Turkey Energy Outlook Book
Turkey Energy Outlook 2020 Prof. Carmine Difiglio Bora Şekip Güray Ersin Merdan Sabancı University IICEC Istanbul International Centre for Energy and Climate Minerva Palas, Bankalar Caddesi, No:2 Karaköy 34420 Istanbul / Turkey Phone: +90 212 292 49 39 TEO Book Design-works: CEEN Enerji Bilgi Servisleri Dan. ve Org. ve Tic. Ltd. Şti. Kavacık Mah. FSM Cad. Tonoğlu Plaza No: 3/4 Beykoz 34810 Istanbul / Turkey Phone: +90 216 510 12 40 TEO Book Printing: G.M. Matbaacılık ve Tic. A.Ş. 100 yıl Mah. MAS-SİT 1.Cad. No:88 Bağcılar/Istanbul / Turkey Phone: +90 212 629 00 24 Fax: +90 212 629 20 13 Matbaa Sertifika No: 45463 November 2020 ISBN: 978-605-70031-9-5 About IICEC The Sabancı University Istanbul International Center for Energy & Climate (IICEC) is an independent Center at Sabancı University that produces energy policy research and uses its convening power at the energy crossroad of the world. Utilizing this strategic position, IICEC provides national, regional and global energy analyses as a research and an international networking center. Since it was established in 2010, IICEC has leveraged Istanbul’s strategic position to host high-level Forums featuring sector leaders from government, international organizations, industry and academia fostering substantive discussion among key stakeholders with the aim of charting a sustainable energy future. IICEC also hosts seminars and webinars on important energy policy, market and technology areas. As a research center in one of the most reputable universities in its region, IICEC has built a comprehensive technological and economic overview of the Turkish energy economy, published research reports on a wide variety of energy and climate topics and supports energy education at Sabancı University. -
ENERGY OUTLOOK 2020 Energy Outlook 2020
ENERGY OUTLOOK 2020 Energy Outlook 2020 CONTRIBUTING DEPARTMENTS Development Finance Institutions Economic Research Engineering and Technical Advisory Escarus (TSKB Sustainability Consultancy) Loan Analysis Project Finance December 2020 This document was produced by Turkiye Sinai Kalkinma Bankasi A.S. (“Industrial Development Bank of Turkey”) (“TSKB”) solely for information purposes and for the use of registered broker or dealer, whether the registered broker or dealer is acting as principal for its own account or as agent for others, or a bank acting in a broker or dealer capacity as permitted by U.S.A. law. This document shall not to be reproduced under any circumstances and is not to be copied or made available to any person other than the recipient. It is produced and distributed in the Republic of Turkey. This document does not constitute an offer of, or an invitation by or on behalf of TSKB or any other company to any person, to buy or sell any security. The information contained herein has been obtained from published information and other sources which TSKB considers to be reliable. No liability or responsibility whatsoever is accepted by TSKB for the accuracy or completeness of any such information. All estimates, expressions of opinion and other subjective judgments contained herein are made as of the date of this document. TSKB may, from time to time, have a long or short position in any of the securities mentioned herein and may buy or sell those securities or options thereon either on their own account or on behalf of their clients. TSKB may, to the extent permitted by law, act upon or use the above material or the conclusions stated above or the research or analysis on which they are based before the material is published to recipients and from time to time provide investment banking, investment management or other services for or solicit to seek to obtain investment banking, or other securities business from, any entity referred to in this document. -
Issue Full File
ASIA MINOR STUDIES INTERNATIONAL JOURNAL of SOCIAL SCIENCES Cilt 9, Sayı 1, Ocak 2021 Vol. 9, Issue 1, January 2021 eISSN 2148-9858 ISSN 2147-1673 ASIA MINOR STUDIES INTERNATIONAL JOURNAL of SOCIAL SCIENCES Hedefler ve Kapsam-Aims and Scope Asia Minor Studies dergisi 2013 yılından beri yılda iki sayı olarak düzenli bir şekilde yayın yapmaktadır. Dergi özel veya resmi herhangi bir kuruma bağlı olmadan tamamen ülkesini ve milletini seven devlet ülküsünü kendine rehber edinen bir avuç akademisyenin çabalarıyla çıkarılmaktadır. En büyük gayemiz dinine, milli kültür ve geleneklerine bağlı ancak ileri medeniyeti hedefleyen, milletimizi ve devletimizi geleceğin çağdaş dünyasına taşıyabilecek akademisyen ve bilim insanlarımızın çalışmalarını Kilis gibi küçük bir ilimizden tüm dünyaya duyurabilmektir. Asia Minor Studies Dergisi herhangi bir kuruma bağlı olmayan bağımsız, uluslararası hakemli bilimsel bir yayın organıdır. Her yıl Ocak ve Temmuz aylarında olmak üzere yılda en az iki kez yayınlanan bir dergidir. Tarih, Edebiyat, Dil vb. alanlarındaki araştırmalara yer verilmektedir. Yayın dili Türkiye Türkçesi olmakla birlikte, diğer Türk lehçeleri, İngilizce ve Rusça yazılara da yer verilmektedir. Telif Hakkı-Copyright Derginin bütün telif hakları dergi sahiplerine aittir. Yazışma ve Abonelik Sorları İçin-For Editorial Correspondence and Subscription Inquiries Asia Minor Studies International Journal of Social Sciences Kilis 7 Aralık Üniversitesi Fen-Edebiyat Fakültesi Tarih Bölümü 79100 Kilis / TÜRKİYE (TURKEY) Tel: 0533 493 88 11-0505 664 24 12 Fax: +90 (0348) 822 23 51 Dizin - Indexed Index Copernicus International (ICI) http://journals.indexcopernicus.com Central and Eastern European Online Library (CEEOL) http://www.ceeol.com/ Akademik Türk Dergileri İndeksi http://www.akademikdizin.com/ Directory of Research Journals Indexing http://www.drji.org Academia Sosyal Bilimler İndeksi (ASOS) http://asosindex.com/journal Bilimsel Yayın İndeksi http://www.arastirmax.com/ Asia Minor Studies International Journal of Social Sciences Sahibi - Owner Doç.Dr. -
Gas in the Black Sea: Initial Assessments & Critical Questions
POLICY OUTLOOK POLICY OUTLOOK DISCUSSION PAPER Gas in the Black Sea: Initial Assessments & Critical Questions Dr. Serkan Birgel (Celal Güneş - Anadolu Agency) The weight of critical introspection on the discovery, fair or otherwise, should not overshadow the fact that Turkey has discovered natural gas in the Black Sea, and that for a country that has had to be so dependent on external imports, any development that helps alleviate such a condition is good. There is of course a process, and a litany of moving pieces need to come together to ensure that the gas is brought to market in a competitive fashion. Further discoveries to be had in the Black Sea will strengthen the economic case, as well as the interplay between domestic demand and the nature of global energy supply. This outlook explores some of the critical questions at stake going forward. The opinions expressed in this report represent the views of the author(s) and do not necessarily reflect the views of the TRT World Research Centre. POLICY OUTLOOK POLICY OUTLOOK of the majority of the country’s natural gas imports, a re- Figure 1: Turkey’s External Dependence for Primary Energy Demand Introduction cent trend has seen a 144% increase in LNG imports from the U.S. that was been registered from the first half of 2019 “Turkey begins where the oil fields end”, as the popular 80 to 2020. idiom has it, after modern-day Turkey was salvaged from 76.0 75.7 74.1 the ashes of the Ottoman Empire. As such, Turkey, unlike 75 On the demand-side, natural gas demand in Turkey has 72.4 72.4 other countries in the region has had to almost entirely actually fallen slightly year-on-year since 2017 given 69.4 rely on oil and natural gas imports so as to help satisfy 70 weaker economic growth but also inter-fuel competition, 67.2 primary energy demand.